Cost of Living in Henry, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.3
100 = national avg
-28.7 vs national average
Living Wage (1 Adult)
$31,385
per year
Living Wage (Family of 4)
$74,182
per year
Cost Index by Category
Housing51.5
Food86.8
Transportation80.5
Healthcare89.4
Utilities82.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$723
per month
2 Bedroom
$949
per month
The overall cost of living index in Henry is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 51.5. A single adult needs to earn approximately $31,385 per year to cover basic expenses.