Cost of Living in Lenoir City, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.3
100 = national avg
-4.7 vs national average
Living Wage (1 Adult)
$41,939
per year
Living Wage (Family of 4)
$99,128
per year
Cost Index by Category
Housing97.5
Food96.2
Transportation89.7
Healthcare97.0
Utilities97.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,184
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Lenoir City is 95.3, which is 4.7% below the national average. Housing costs are below the national average at an index of 97.5. A single adult needs to earn approximately $41,939 per year to cover basic expenses.