Cost of Living in Louisville, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.4
100 = national avg
+22.4 vs national average
Living Wage (1 Adult)
$53,837
per year
Living Wage (Family of 4)
$127,251
per year
Cost Index by Category
Housing127.2
Food113.8
Transportation127.6
Healthcare111.0
Utilities113.7
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 Louisville is 122.4, which is 22.4% above the national average. Housing costs are above the national average at an index of 127.2. A single adult needs to earn approximately $53,837 per year to cover basic expenses.