Cost of Living in Paris, TN

Population 10,313 · Tennessee · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Paris run well below national norms — a median of $39,365 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $143,000). The labor market has been unusually tight, with unemployment around 1.5% — below most comparable cities in the state.

Paris is about 55 miles west of Clarksville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% lower than Clarksville's $236,000.

Cost Overview

Housing 47
Rent 58

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Paris

The median home value in Paris is $142,700 — 53% below the national median of $305,000. Median rent runs $763/month, 42% lower than the national median of $1,314/month. The median household income of $39,365/year is 47% lower than the US median of $74,580. The local unemployment rate is 1.5%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 69.1°F and lows of 47.7°F. Overall, Paris has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$142,700
53% below avg
Zillow Home Value
$208,058
Zillow ZHVI
Median Rent
$763/mo
42% below avg
Price-to-Rent Ratio
15.6x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 58.3%
Renter-occupied 41.7%

💰 Estimated Monthly Budget

Rent median rent
$763
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,377/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.0 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.6%

Commute Mode

Drove alone
79.9%
Carpooled
6.2%
Public transit
1.1%
Walked
0.4%
Work from home
4.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$39,365
47% below avg
Per Capita Income
$27,557
Unemployment Rate
1.5%
68% below avg
Poverty Rate
24.8%
Labor Force Participation
50.5%

🎓 Education

Bachelor's degree+ 13.0%
Graduate degree 6.5%

👥 Demographics

Median Age 39.3
Male median age 38.6
Female median age 39.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.1°F
Avg Low
47.7°F
Annual Precip
47.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 465160707886898982725949
Low °F 283138475764686659473731
Precip" 3.283.874.324.554.903.653.742.903.474.134.044.36

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
15.3:1
Student-teacher ratio
9
Public schools
4,659
Total enrollment

Frequently Asked Questions

What is the cost of living in Paris, TN?

Paris has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Paris, TN?

The median gross rent in Paris is $763 per month based on 2023 Census data.

What is the average home price in Paris?

The median home value in Paris is $142,700 according to Zillow and Census data.

What is the median income in Paris?

The median household income in Paris is $39,365 per year (2023 ACS 5-year estimates).

What is the sales tax in Paris, TN?

The combined state and local sales tax rate in Paris is 9.6%. Tennessee has no state income tax.

Is Paris, TN affordable?

Yes, Paris is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

What is the weather like in Paris?

Paris has average high temperatures of 69.1°F and average lows of 47.7°F. Annual precipitation is 47.2". Data from NOAA 1991–2020 Climate Normals.

Paris at a Glance

Population
10,313
Median Income
$39,365
Home Value
$142,700
Median Rent
$763/mo
Unemployment
1.5%
Avg High Temp
69.1°F
Sales Tax
9.6%
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