Lexington, TN vs New Tazewell, TN

Lexington, TN and New Tazewell, TN have a very similar cost of living, with only a 1.5% difference in their overall index. Lexington scores 68 while New Tazewell scores 67 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 Lexington is $758/month compared to $690/month in New Tazewell — a 10% difference. Home values follow the same pattern: New Tazewell is more affordable at $162,500 median vs $173,200.

Median household income in Lexington is $49,253 compared to $55,254 in New Tazewell (-10.9%). New Tazewell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lexington spend roughly 18.5% of their income on rent, more than the 15% in New Tazewell.