Cost of Living in Gainesboro, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.8
100 = national avg
-21.2 vs national average
Living Wage (1 Adult)
$34,691
per year
Living Wage (Family of 4)
$81,996
per year
Cost Index by Category
Housing79.8
Food84.6
Transportation69.3
Healthcare87.7
Utilities86.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Gainesboro is 78.8, which is 21.2% below the national average. Housing costs are below the national average at an index of 79.8. A single adult needs to earn approximately $34,691 per year to cover basic expenses.