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Jasper, TN vs Lenoir City, TN

70
Jasper
Tennessee
VS
-9.9%
78
Lenoir City
Tennessee

Jasper is moderately more affordable than Lenoir City, with a 9.9% lower cost of living index. Jasper scores 70 compared to 78 for Lenoir City, where the US average is 100. This difference means residents of Lenoir City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jasper is $768/month compared to $913/month in Lenoir City — a 16% difference. Home values follow the same pattern: Jasper is more affordable at $173,900 median vs $214,300.

Median household income in Jasper is $73,875 compared to $60,480 in Lenoir City (+22.1%). Jasper offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Jasper spend roughly 12.5% of their income on rent, less than the 18.1% in Lenoir City.

Income & Cost

Cost of Living Index
Jasper
70
10% cheaper
Lenoir City
78
Median Household Income
Jasper
$73,875
18% higher
Lenoir City
$60,480

Housing

Median Rent
Jasper
$768
16% cheaper
Lenoir City
$913
Median Home Value
Jasper
$173,900
19% cheaper
Lenoir City
$214,300
Population
Jasper
3,610
Lenoir City
10,681

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Jasper $2.88
Lenoir City $2.89
US $3.07
🥚
Eggs (grade A, large)
Jasper $2.35
Lenoir City $2.36
US $2.50
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Milk (whole)
Jasper $3.79
Lenoir City $3.80
US $4.03
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Bread (white)
Jasper $1.74
Lenoir City $1.74
US $1.85
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Chicken breast
Jasper $3.90
Lenoir City $3.91
US $4.14
Electricity
Jasper $0.15
Lenoir City $0.15
US $0.19