Cost of Living in Pelham, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.8
100 = national avg
-4.2 vs national average
Living Wage (1 Adult)
$42,170
per year
Living Wage (Family of 4)
$99,675
per year
Cost Index by Category
Housing86.5
Food101.0
Transportation101.9
Healthcare100.8
Utilities97.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$844
per month
2 Bedroom
$925
per month
The overall cost of living index in Pelham is 95.8, which is 4.2% below the national average. Housing costs are below the national average at an index of 86.5. A single adult needs to earn approximately $42,170 per year to cover basic expenses.