Cost of Living in Pelham, TN
Population: 429 | Tennessee
Pelham is 15% less expensive than the national average.
Cost of Living in Pelham, TN: What You Need to Know
With a cost of living index of 85, Pelham, TN is a very affordable place to live. Living here is 15% cheaper than the national average and 5% above the Tennessee state average of 80. Pelham is a small community of 429 residents.
The median household income in Pelham is $66,667, which is 11% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $66,667
- vs US Median ($75,149)
- -11%
Housing
- Median Home Value
- $157,100
- Median Monthly Housing Cost
- $552/mo