Cost of Living in Oakland, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.1
100 = national avg
+43.1 vs national average
Living Wage (1 Adult)
$62,980
per year
Living Wage (Family of 4)
$148,863
per year
Cost Index by Category
Housing169.2
Food118.2
Transportation145.4
Healthcare114.6
Utilities124.8
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 Oakland is 143.1, which is 43.1% above the national average. Housing costs are above the national average at an index of 169.2. A single adult needs to earn approximately $62,980 per year to cover basic expenses.