Gray, TN vs Selmer, TN

There is a significant gap in the cost of living between these two cities. Selmer is 29.5% cheaper than Gray. With a cost index of 62 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selmer 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 $671/month in Selmer — a 63% difference. Home values follow the same pattern: Selmer is more affordable at $111,600 median vs $192,500.

Median household income in Gray is $66,585 compared to $48,092 in Selmer (+38.5%). 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 16.7% in Selmer.