Cost of Living in Hickman, TN

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

Cost of Living Overview

Overall Index

117.5

100 = national avg

+17.5 vs national average

Living Wage (1 Adult)

$51,708

per year

Living Wage (Family of 4)

$122,219

per year

Cost Index by Category

Housing
129.3
Food
107.5
Transportation
115.0
Healthcare
106.0
Utilities
110.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$801

per month

2 Bedroom

$1,051

per month

The overall cost of living index in Hickman is 117.5, which is 17.5% above the national average. Housing costs are above the national average at an index of 129.3. A single adult needs to earn approximately $51,708 per year to cover basic expenses.