Cost of Living in Henderson, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.2
100 = national avg
-15.8 vs national average
Living Wage (1 Adult)
$37,052
per year
Living Wage (Family of 4)
$87,577
per year
Cost Index by Category
Housing71.5
Food94.1
Transportation88.2
Healthcare95.3
Utilities90.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$960
per month
2 Bedroom
$1,260
per month
The overall cost of living index in Henderson is 84.2, which is 15.8% below the national average. Housing costs are below the national average at an index of 71.5. A single adult needs to earn approximately $37,052 per year to cover basic expenses.