Newbern, TN vs Tellico Plains, TN
Newbern, TN and Tellico Plains, TN have a very similar cost of living, with only a 3.5% difference in their overall index. Newbern scores 62 while Tellico Plains scores 65 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 Newbern is $802/month compared to $613/month in Tellico Plains — a 31% difference. Interestingly, home values tell a different story: while Tellico Plains has cheaper rent, Newbern actually has lower median home values ($92,700 vs $168,000).
Median household income in Newbern is $49,853 compared to $43,859 in Tellico Plains (+13.7%). Newbern offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newbern spend roughly 19.3% of their income on rent, more than the 16.8% in Tellico Plains.
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