Gray, TN vs Parker's Crossroads, TN

There is a significant gap in the cost of living between these two cities. Parker's Crossroads is 18.1% cheaper than Gray. With a cost index of 68 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parker's Crossroads to Gray should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gray is $1,094/month compared to $686/month in Parker's Crossroads — a 60% difference. Home values follow the same pattern: Parker's Crossroads is more affordable at $178,800 median vs $192,500.

Median household income in Gray is $66,585 compared to $70,313 in Parker's Crossroads (-5.3%). Parker's Crossroads offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gray spend roughly 19.7% of their income on rent, more than the 11.7% in Parker's Crossroads.