Cost of Living in Elkton, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.4
100 = national avg
+2.4 vs national average
Living Wage (1 Adult)
$45,076
per year
Living Wage (Family of 4)
$106,543
per year
Cost Index by Category
Housing97.0
Food104.0
Transportation108.0
Healthcare103.2
Utilities101.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$763
per month
2 Bedroom
$1,001
per month
The overall cost of living index in Elkton is 102.4, which is 2.4% above the national average. Housing costs are below the national average at an index of 97.0. A single adult needs to earn approximately $45,076 per year to cover basic expenses.