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Palmer, TN vs South Carthage, TN

57
Palmer
Tennessee
VS
-24.5%
75
South Carthage
Tennessee

There is a significant gap in the cost of living between these two cities. Palmer is 24.5% cheaper than South Carthage. With a cost index of 57 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmer to South Carthage should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palmer is $573/month compared to $832/month in South Carthage — a 31% difference. Home values follow the same pattern: Palmer is more affordable at $86,500 median vs $195,800.

Median household income in Palmer is $41,250 compared to $47,610 in South Carthage (-13.4%). The higher salaries in South Carthage partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Palmer spend roughly 16.7% of their income on rent, less than the 21% in South Carthage.

Income & Cost

Cost of Living Index
Palmer
57
25% cheaper
South Carthage
75
Median Household Income
Palmer
$41,250
South Carthage
$47,610
13% higher

Housing

Median Rent
Palmer
$573
31% cheaper
South Carthage
$832
Median Home Value
Palmer
$86,500
56% cheaper
South Carthage
$195,800
Population
Palmer
734
South Carthage
2,049

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palmer $2.88
South Carthage $2.89
US $3.07
🥚
Eggs (grade A, large)
Palmer $2.35
South Carthage $2.36
US $2.50
🥛
Milk (whole)
Palmer $3.79
South Carthage $3.80
US $4.03
🍞
Bread (white)
Palmer $1.74
South Carthage $1.74
US $1.85
🍗
Chicken breast
Palmer $3.90
South Carthage $3.91
US $4.14
Electricity
Palmer $0.15
South Carthage $0.15
US $0.19