Cost of Living in Baneberry, TN

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

Cost of Living Overview

Overall Index

126.2

100 = national avg

+26.2 vs national average

Living Wage (1 Adult)

$55,540

per year

Living Wage (Family of 4)

$131,275

per year

Cost Index by Category

Housing
135.6
Food
114.6
Transportation
129.3
Healthcare
111.7
Utilities
115.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$887

per month

2 Bedroom

$1,135

per month

The overall cost of living index in Baneberry is 126.2, which is 26.2% above the national average. Housing costs are above the national average at an index of 135.6. A single adult needs to earn approximately $55,540 per year to cover basic expenses.