Cost of Living in Gadsden, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.6
100 = national avg
-18.4 vs national average
Living Wage (1 Adult)
$35,895
per year
Living Wage (Family of 4)
$84,842
per year
Cost Index by Category
Housing70.7
Food91.5
Transportation82.9
Healthcare93.2
Utilities89.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$842
per month
2 Bedroom
$1,083
per month
The overall cost of living index in Gadsden is 81.6, which is 18.4% below the national average. Housing costs are below the national average at an index of 70.7. A single adult needs to earn approximately $35,895 per year to cover basic expenses.