Cost of Living in Altamont, TN

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

Cost of Living Overview

Overall Index

70.9

100 = national avg

-29.1 vs national average

Living Wage (1 Adult)

$31,195

per year

Living Wage (Family of 4)

$73,735

per year

Cost Index by Category

Housing
67.7
Food
80.7
Transportation
61.5
Healthcare
84.6
Utilities
82.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$844

per month

2 Bedroom

$925

per month

The overall cost of living index in Altamont is 70.9, which is 29.1% below the national average. Housing costs are below the national average at an index of 67.7. A single adult needs to earn approximately $31,195 per year to cover basic expenses.