Cost of Living in Grimsley, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

67.8

100 = national avg

-32.2 vs national average

Living Wage (1 Adult)

$29,818

per year

Living Wage (Family of 4)

$70,478

per year

Cost Index by Category

Housing
29.4
Food
93.2
Transportation
86.3
Healthcare
94.5
Utilities
81.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$705

per month

2 Bedroom

$925

per month

The overall cost of living index in Grimsley is 67.8, which is 32.2% below the national average. Housing costs are below the national average at an index of 29.4. A single adult needs to earn approximately $29,818 per year to cover basic expenses.