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Greenback, TN vs Selmer, TN

89
Greenback
Tennessee
VS
+44.2%
62
Selmer
Tennessee

The cost of living difference between Greenback, TN and Selmer, TN is dramatic. Selmer is 44.2% cheaper than Greenback, a gap that translates to thousands of dollars per year in household expenses. Greenback has a cost index of 89 while Selmer sits at 62, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Greenback is $1,159/month compared to $671/month in Selmer — a 73% difference. Home values follow the same pattern: Selmer is more affordable at $111,600 median vs $262,700.

Median household income in Greenback is $83,750 compared to $48,092 in Selmer (+74.1%). While Greenback is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenback spend roughly 16.6% of their income on rent, less than the 16.7% in Selmer.

Income & Cost

Cost of Living Index
Greenback
89
Selmer
62
31% cheaper
Median Household Income
Greenback
$83,750
43% higher
Selmer
$48,092

Housing

Median Rent
Greenback
$1,159
Selmer
$671
42% cheaper
Median Home Value
Greenback
$262,700
Selmer
$111,600
58% cheaper
Population
Greenback
1,631
Selmer
4,456

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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