Oliver Springs, TN vs New Tazewell, TN: Cost of Living

Which city costs less?

New Tazewell, TN has a modeled overall cost index 2.2% higher than Oliver Springs, TN.

Oliver Springs, TN · modeled 2BR rent
$1,080 / month
New Tazewell, TN · modeled 2BR rent
$990 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Oliver Springs, TN and New Tazewell, TN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $29.57/month in New Tazewell, TN

$150,000 in your current city has a modeled equivalent of $150,355 in New Tazewell, TN

Regional cost estimates: Oliver Springs, TN uses Nashville, TN. New Tazewell, TN uses Lexington, KY. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 2.2%
More expensive
Monthly Impact
$29.57
Extra cost
Annual Impact
$355
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Oliver Springs, TN

Population:3K
Cost Index:
76.2
100 = national average
Typical Home:$233K

New Tazewell, TN

Population:3K
Cost Index:
77.8
100 = national average
Typical Home:$230K

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Oliver Springs, TN

The Volunteer State

3K
Population
State Tax
No Income Tax

Located in Tennessee, this city has a population of 3K residents.

💡 Advantage: Tennessee has no state income tax!

New Tazewell, TN

The Volunteer State

3K
Population
State Tax
No Income Tax

Located in Tennessee, this city has a population of 3K residents.

💡 Advantage: Tennessee has no state income tax!

Cost Breakdown by Category

Estimated monthly spending: Oliver Springs, TN vs New Tazewell, TN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Transportation
↑ 7.1%
Oliver Springs, TN
$1,200
New Tazewell, TN
$1,286
Difference
$85.57
more
Other
↓ 4.4%
Oliver Springs, TN
$1,815
New Tazewell, TN
$1,735
Difference
$80.01
less
Groceries
↑ 7.5%
Oliver Springs, TN
$1,032
New Tazewell, TN
$1,109
Difference
$77.28
more
All Utilities
↓ 4.8%
Oliver Springs, TN
$564
New Tazewell, TN
$537
Difference
$27.22
less
Healthcare
↓ 3.4%
Oliver Springs, TN
$660
New Tazewell, TN
$637
Difference
$22.42
less
Housing
↓ 0.2%
Oliver Springs, TN
$2,230
New Tazewell, TN
$2,226
Difference
$3.63
less

🏠Rent Comparison

Studio
From$870
To$810
↓ $60.00
1 Bed
From$870
To$840
↓ $30.00
2 Bed
From$1,080
To$990
↓ $90.00
3 Bed
From$1,410
To$1,290
↓ $120
Oliver Springs, TNZIP-level data

1BR range: $870–$870/mo

New Tazewell, TNZIP-level data

1BR range: $840–$840/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Oliver Springs, TN
$7,530
Monthly in New Tazewell, TN
$29.57
Difference

Home Values

Oliver Springs
New Tazewell
$233K
Median Value
$230K
↑ +1.6%
YoY Change
↑ +4.5%
↑ +50.5%
5-Year Change
↑ +36.3%

Homes in New Tazewell are 2% less expensive than Oliver Springs

Calculate payment - Oliver SpringsCalculate payment - New Tazewell

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Oliver Springs, TN

Federal Income Tax
Effective: 18.9%
$25.5K
Tennessee State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

New Tazewell, TN

Federal Income Tax
Effective: 18.9%
$25.5K
Tennessee State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Oliver Springs, TN Tax Rates

Sales Tax:9.5%
Property Tax:0.7%

New Tazewell, TN Tax Rates

Sales Tax:9.5%
Property Tax:0.7%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Oliver Springs
New Tazewell
50 Good
Air Quality
41 Good
51.6%
Good Air Days
79.2%
97 High
Climate Risk
92 Moderate
🌊🫨🌪
Top Hazards
🌪💨
▲+2.8°F
2050 Outlook
▲+3.0°F
42 days
Heat Days >95°F
21 days
▲+2.8°F
2050 Outlook
▲+3.0°F
42 days
Heat Days >95°F
21 days

Before moving from Oliver Springs, TN to New Tazewell, TN

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in New Tazewell, TN for the same bedroom count and included utilities as your home in Oliver Springs, TN. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Oliver Springs to New Tazewell moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to New Tazewell, TN by cost, housing, population and region.

Frequently Asked Questions: Oliver Springs, TN vs New Tazewell, TN

How do the cost estimates for Oliver Springs, TN and New Tazewell, TN compare?

New Tazewell, TN has a modeled overall cost index 2.2% higher than Oliver Springs, TN. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Oliver Springs, TN, the model estimates $150,355 in New Tazewell, TN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Oliver Springs, TN and New Tazewell, TN?

The modeled two-bedroom rents are $1,080/month in Oliver Springs, TN and $990/month in New Tazewell, TN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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