Cost of Living in New Tazewell, TN

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

Cost of Living Overview

Overall Index

83.3

100 = national avg

-16.7 vs national average

Living Wage (1 Adult)

$36,668

per year

Living Wage (Family of 4)

$86,670

per year

Cost Index by Category

Housing
73.6
Food
92.2
Transportation
84.5
Healthcare
93.8
Utilities
90.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$844

per month

2 Bedroom

$925

per month

The overall cost of living index in New Tazewell is 83.3, which is 16.7% below the national average. Housing costs are below the national average at an index of 73.6. A single adult needs to earn approximately $36,668 per year to cover basic expenses.