Cost of Living in Central, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.7
100 = national avg
-23.3 vs national average
Living Wage (1 Adult)
$33,742
per year
Living Wage (Family of 4)
$79,753
per year
Cost Index by Category
Housing79.5
Food82.3
Transportation64.6
Healthcare85.9
Utilities85.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$893
per month
2 Bedroom
$1,132
per month
The overall cost of living index in Central is 76.7, which is 23.3% below the national average. Housing costs are below the national average at an index of 79.5. A single adult needs to earn approximately $33,742 per year to cover basic expenses.