Gray, TN vs Mount Pleasant, TN

Gray, TN and Mount Pleasant, TN have a very similar cost of living, with only a 4.6% difference in their overall index. Gray scores 80 while Mount Pleasant scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gray is $1,094/month compared to $812/month in Mount Pleasant — a 35% difference. Interestingly, home values tell a different story: while Mount Pleasant has cheaper rent, Gray actually has lower median home values ($192,500 vs $217,600).

Median household income in Gray is $66,585 compared to $49,897 in Mount Pleasant (+33.4%). 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 Gray spend roughly 19.7% of their income on rent, more than the 19.5% in Mount Pleasant.