Cost of Living in Madisonville, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.1
100 = national avg
-20.9 vs national average
Living Wage (1 Adult)
$34,791
per year
Living Wage (Family of 4)
$82,232
per year
Cost Index by Category
Housing80.5
Food84.6
Transportation69.2
Healthcare87.7
Utilities86.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$764
per month
2 Bedroom
$925
per month
The overall cost of living index in Madisonville is 79.1, which is 20.9% below the national average. Housing costs are below the national average at an index of 80.5. A single adult needs to earn approximately $34,791 per year to cover basic expenses.