La Follette, TN vs New Tazewell, TN

La Follette is moderately more affordable than New Tazewell, with a 7% lower cost of living index. La Follette scores 62 compared to 67 for New Tazewell, where the US average is 100. This difference means residents of New Tazewell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in La Follette is $690/month compared to $690/month in New Tazewell — a 0% difference. Interestingly, home values tell a different story: while New Tazewell has cheaper rent, La Follette actually has lower median home values ($106,000 vs $162,500).

Median household income in La Follette is $34,678 compared to $55,254 in New Tazewell (-37.2%). While New Tazewell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of La Follette spend roughly 23.9% of their income on rent, more than the 15% in New Tazewell.