Cost of Living in McDonald, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.2
100 = national avg
-11.8 vs national average
Living Wage (1 Adult)
$38,821
per year
Living Wage (Family of 4)
$91,758
per year
Cost Index by Category
Housing84.6
Food93.2
Transportation86.4
Healthcare94.5
Utilities92.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$940
per month
2 Bedroom
$1,233
per month
The overall cost of living index in McDonald is 88.2, which is 11.8% below the national average. Housing costs are below the national average at an index of 84.6. A single adult needs to earn approximately $38,821 per year to cover basic expenses.