La Follette, TN vs Pikeville, TN
La Follette, TN and Pikeville, TN have a very similar cost of living, with only a 0.8% difference in their overall index. La Follette scores 62 while Pikeville scores 62 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 $575/month in Pikeville — a 20% difference. Interestingly, home values tell a different story: while Pikeville has cheaper rent, La Follette actually has lower median home values ($106,000 vs $155,500).
Median household income in La Follette is $34,678 compared to $32,917 in Pikeville (+5.3%). 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, more than the 21% in Pikeville.
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