Cost of Living in Gallaway, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.2
100 = national avg
-37.8 vs national average
Living Wage (1 Adult)
$27,389
per year
Living Wage (Family of 4)
$64,737
per year
Cost Index by Category
Housing61.7
Food73.5
Transportation47.0
Healthcare78.8
Utilities76.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in Gallaway is 62.2, which is 37.8% below the national average. Housing costs are below the national average at an index of 61.7. A single adult needs to earn approximately $27,389 per year to cover basic expenses.