Cost of Living in New Market, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.5
100 = national avg
+0.5 vs national average
Living Wage (1 Adult)
$44,229
per year
Living Wage (Family of 4)
$104,542
per year
Cost Index by Category
Housing91.3
Food104.2
Transportation108.4
Healthcare103.4
Utilities100.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$887
per month
2 Bedroom
$1,135
per month
The overall cost of living index in New Market is 100.5, which is 0.5% above the national average. Housing costs are below the national average at an index of 91.3. A single adult needs to earn approximately $44,229 per year to cover basic expenses.