Cost of Living in Millington, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

92.4

100 = national avg

-7.6 vs national average

Living Wage (1 Adult)

$40,666

per year

Living Wage (Family of 4)

$96,120

per year

Cost Index by Category

Housing
104.7
Food
89.5
Transportation
79.0
Healthcare
91.6
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,154

per month

2 Bedroom

$1,274

per month

The overall cost of living index in Millington is 92.4, which is 7.6% below the national average. Housing costs are above the national average at an index of 104.7. A single adult needs to earn approximately $40,666 per year to cover basic expenses.