Cost of Living in Morris Chapel, TN

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

Cost of Living Overview

Overall Index

54.3

100 = national avg

-45.7 vs national average

Living Wage (1 Adult)

$23,875

per year

Living Wage (Family of 4)

$56,431

per year

Cost Index by Category

Housing
25.2
Food
71.9
Transportation
90.0
Healthcare
77.5
Utilities
68.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$705

per month

2 Bedroom

$925

per month

The overall cost of living index in Morris Chapel is 54.3, which is 45.7% below the national average. Housing costs are below the national average at an index of 25.2. A single adult needs to earn approximately $23,875 per year to cover basic expenses.