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Cost of Living in Gatlinburg

Is it better to rent or buy in Gatlinburg? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$54,733
$1,097/mo

Median in area: $1,097

$364,826

Median in area: $364,826

$72,965

If you Rent

$1,245 /mo
Base Rent$1,097
Est. Utilities$148
% of Income27.3%
Pre-tax Residual$3,316

If you Buy

$2,257 /mo
P&I (6.919%)$1,926
Taxes & Ins$183
Est. Utilities$148
% of Income49.5%
Pre-tax Residual$2,304

Cost of Living FAQs

Is it cheaper to rent or buy in Gatlinburg?›

Based on median housing data, renting is currently more affordable on a monthly basis in Gatlinburg. The estimated all-in monthly cost for renting is $1,245, while owning a median-priced home with a 20% down payment is roughly $2,257 per month (a difference of $1,012).

How much do utilities cost in Gatlinburg?›

The average monthly utility cost (electricity and natural gas) for a typical home in Gatlinburg is approximately $148. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Gatlinburg?›

To comfortably afford the median rent and utilities in Gatlinburg without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $49,800 per year.