Cost of Living in Munford, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
118.6
100 = national avg
+18.6 vs national average
Living Wage (1 Adult)
$52,196
per year
Living Wage (Family of 4)
$123,371
per year
Cost Index by Category
Housing113.8
Food116.1
Transportation126.7
Healthcare112.9
Utilities112.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in Munford is 118.6, which is 18.6% above the national average. Housing costs are above the national average at an index of 113.8. A single adult needs to earn approximately $52,196 per year to cover basic expenses.