Cost of Living in Lone Oak, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.2
100 = national avg
-5.8 vs national average
Living Wage (1 Adult)
$41,455
per year
Living Wage (Family of 4)
$97,984
per year
Cost Index by Category
Housing96.0
Food90.7
Transportation107.9
Healthcare92.5
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,263
per month
2 Bedroom
$1,390
per month
The overall cost of living index in Lone Oak is 94.2, which is 5.8% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $41,455 per year to cover basic expenses.