Cost of Living in Lake Tansi, TN

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

Cost of Living Overview

Overall Index

90.3

100 = national avg

-9.7 vs national average

Living Wage (1 Adult)

$39,717

per year

Living Wage (Family of 4)

$93,877

per year

Cost Index by Category

Housing
90.9
Food
92.9
Transportation
85.7
Healthcare
94.3
Utilities
93.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$723

per month

2 Bedroom

$942

per month

The overall cost of living index in Lake Tansi is 90.3, which is 9.7% below the national average. Housing costs are below the national average at an index of 90.9. A single adult needs to earn approximately $39,717 per year to cover basic expenses.