Cost of Living in Liberty, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.4
100 = national avg
-21.6 vs national average
Living Wage (1 Adult)
$34,493
per year
Living Wage (Family of 4)
$81,529
per year
Cost Index by Category
Housing80.6
Food83.8
Transportation67.6
Healthcare87.0
Utilities86.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$726
per month
2 Bedroom
$953
per month
The overall cost of living index in Liberty is 78.4, which is 21.6% below the national average. Housing costs are below the national average at an index of 80.6. A single adult needs to earn approximately $34,493 per year to cover basic expenses.