Cost of Living in Gibson, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.3
100 = national avg
-9.7 vs national average
Living Wage (1 Adult)
$39,733
per year
Living Wage (Family of 4)
$93,914
per year
Cost Index by Category
Housing88.9
Food90.2
Transportation101.1
Healthcare92.2
Utilities91.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$706
per month
2 Bedroom
$927
per month
The overall cost of living index in Gibson is 90.3, which is 9.7% below the national average. Housing costs are below the national average at an index of 88.9. A single adult needs to earn approximately $39,733 per year to cover basic expenses.