Cost of Living in Algood, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

78.0

100 = national avg

-22.0 vs national average

Living Wage (1 Adult)

$34,298

per year

Living Wage (Family of 4)

$81,069

per year

Cost Index by Category

Housing
86.2
Food
81.0
Transportation
61.9
Healthcare
84.8
Utilities
85.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,014

per month

The overall cost of living index in Algood is 78.0, which is 22.0% below the national average. Housing costs are below the national average at an index of 86.2. A single adult needs to earn approximately $34,298 per year to cover basic expenses.