Hampton, TN vs Parker's Crossroads, TN

There is a significant gap in the cost of living between these two cities. Hampton is 15.9% cheaper than Parker's Crossroads. With a cost index of 57 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Parker's Crossroads should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hampton is $593/month compared to $686/month in Parker's Crossroads — a 14% difference. Home values follow the same pattern: Hampton is more affordable at $97,200 median vs $178,800.

Median household income in Hampton is $36,715 compared to $70,313 in Parker's Crossroads (-47.8%). While Parker's Crossroads is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampton spend roughly 19.4% of their income on rent, more than the 11.7% in Parker's Crossroads.