New Market, TN vs Smithville, TN

Smithville is moderately more affordable than New Market, with a 8.7% lower cost of living index. New Market scores 73 compared to 67 for Smithville, where the US average is 100. This difference means residents of New Market can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Market is $946/month compared to $676/month in Smithville — a 40% difference. Home values follow the same pattern: Smithville is more affordable at $153,500 median vs $166,400.

Median household income in New Market is $70,913 compared to $29,507 in Smithville (+140.3%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Market spend roughly 16% of their income on rent, less than the 27.5% in Smithville.