Greeneville, TN vs Mount Carmel, TN

Greeneville, TN and Mount Carmel, TN have a very similar cost of living, with only a 1.8% difference in their overall index. Greeneville scores 68 while Mount Carmel scores 69 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 Greeneville is $680/month compared to $804/month in Mount Carmel — a 15% difference. Interestingly, home values tell a different story: while Greeneville has cheaper rent, Mount Carmel actually has lower median home values ($179,700 vs $210,700).

Median household income in Greeneville is $51,516 compared to $71,336 in Mount Carmel (-27.8%). While Mount Carmel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greeneville spend roughly 15.8% of their income on rent, more than the 13.5% in Mount Carmel.