Cost of Living in Lakesite, TN

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

Cost of Living Overview

Overall Index

127.9

100 = national avg

+27.9 vs national average

Living Wage (1 Adult)

$56,260

per year

Living Wage (Family of 4)

$132,979

per year

Cost Index by Category

Housing
124.9
Food
121.0
Transportation
141.9
Healthcare
116.8
Utilities
117.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,263

per month

2 Bedroom

$1,390

per month

The overall cost of living index in Lakesite is 127.9, which is 27.9% above the national average. Housing costs are above the national average at an index of 124.9. A single adult needs to earn approximately $56,260 per year to cover basic expenses.