Cost of Living in Chesterfield, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.1
100 = national avg
-5.9 vs national average
Living Wage (1 Adult)
$41,403
per year
Living Wage (Family of 4)
$97,861
per year
Cost Index by Category
Housing96.0
Food95.0
Transportation90.1
Healthcare96.0
Utilities96.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$925
per month
The overall cost of living index in Chesterfield is 94.1, which is 5.9% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $41,403 per year to cover basic expenses.