Cost of Living in Hickory Valley, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.6
100 = national avg
-38.4 vs national average
Living Wage (1 Adult)
$27,114
per year
Living Wage (Family of 4)
$64,087
per year
Cost Index by Category
Housing59.6
Food73.7
Transportation47.4
Healthcare79.0
Utilities76.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Hickory Valley is 61.6, which is 38.4% below the national average. Housing costs are below the national average at an index of 59.6. A single adult needs to earn approximately $27,114 per year to cover basic expenses.