Parsons, TN vs Tellico Village, TN

The cost of living difference between Parsons, TN and Tellico Village, TN is dramatic. Parsons is 52.6% cheaper than Tellico Village, a gap that translates to thousands of dollars per year in household expenses. Parsons has a cost index of 63 while Tellico Village sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Parsons is $731/month compared to $2,020/month in Tellico Village — a 64% difference. Home values follow the same pattern: Parsons is more affordable at $107,400 median vs $484,900.

Median household income in Parsons is $32,129 compared to $98,214 in Tellico Village (-67.3%). While Tellico Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parsons spend roughly 27.3% of their income on rent, more than the 24.7% in Tellico Village.