La Follette, TN vs Parsons, TN

La Follette, TN and Parsons, TN have a very similar cost of living, with only a 2% difference in their overall index. La Follette scores 62 while Parsons scores 63 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 La Follette is $690/month compared to $731/month in Parsons — a 6% difference. Home values follow the same pattern: La Follette is more affordable at $106,000 median vs $107,400.

Median household income in La Follette is $34,678 compared to $32,129 in Parsons (+7.9%). La Follette offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of La Follette spend roughly 23.9% of their income on rent, less than the 27.3% in Parsons.