Paris, Tennessee is an affordable place to live, with a cost of living that is lower than the national average. The median home price in Paris is $123,000, which is significantly lower than the national average of $357,000. The home appreciation rate is up 5.5%, which is a promising sign for homeowners looking to invest in the area. In addition, the cost of groceries, utilities, and transportation is lower than the national average, making it an attractive destination for those looking to save on everyday expenses. Overall, Paris, Tennessee is an excellent choice for those seeking an affordable and comfortable lifestyle.