Cost of Living in Chapel Hill, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
118.0
100 = national avg
+18.0 vs national average
Living Wage (1 Adult)
$51,902
per year
Living Wage (Family of 4)
$122,678
per year
Cost Index by Category
Housing125.7
Food109.5
Transportation119.0
Healthcare107.6
Utilities110.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$793
per month
2 Bedroom
$1,041
per month
The overall cost of living index in Chapel Hill is 118.0, which is 18.0% above the national average. Housing costs are above the national average at an index of 125.7. A single adult needs to earn approximately $51,902 per year to cover basic expenses.