Cost of Living in Jackson, TN

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

Cost of Living Overview

Overall Index

93.1

100 = national avg

-6.9 vs national average

Living Wage (1 Adult)

$40,969

per year

Living Wage (Family of 4)

$96,837

per year

Cost Index by Category

Housing
108.5
Food
89.4
Transportation
74.8
Healthcare
91.5
Utilities
95.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$960

per month

2 Bedroom

$1,260

per month

The overall cost of living index in Jackson is 93.1, which is 6.9% below the national average. Housing costs are above the national average at an index of 108.5. A single adult needs to earn approximately $40,969 per year to cover basic expenses.