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Gibson, TN vs Gray, TN

71
Gibson
Tennessee
VS
-10.7%
80
Gray
Tennessee

Gibson is moderately more affordable than Gray, with a 10.7% lower cost of living index. Gibson scores 71 compared to 80 for Gray, where the US average is 100. This difference means residents of Gray can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gibson is $929/month compared to $1,094/month in Gray — a 15% difference. Home values follow the same pattern: Gibson is more affordable at $155,800 median vs $192,500.

Median household income in Gibson is $52,656 compared to $66,585 in Gray (-20.9%). While Gray is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gibson spend roughly 21.2% of their income on rent, more than the 19.7% in Gray.

Income & Cost

Cost of Living Index
Gibson
71
11% cheaper
Gray
80
Median Household Income
Gibson
$52,656
Gray
$66,585
21% higher

Housing

Median Rent
Gibson
$929
15% cheaper
Gray
$1,094
Median Home Value
Gibson
$155,800
19% cheaper
Gray
$192,500
Population
Gibson
536
Gray
1,606

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gibson $2.89
Gray $2.89
US $3.07
🥚
Eggs (grade A, large)
Gibson $2.36
Gray $2.36
US $2.50
🥛
Milk (whole)
Gibson $3.80
Gray $3.80
US $4.03
🍞
Bread (white)
Gibson $1.74
Gray $1.74
US $1.85
🍗
Chicken breast
Gibson $3.91
Gray $3.91
US $4.14
Electricity
Gibson $0.14
Gray $0.15
US $0.19