Cost of Living in Petersburg, TN

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

Cost of Living Overview

Overall Index

83.6

100 = national avg

-16.4 vs national average

Living Wage (1 Adult)

$36,797

per year

Living Wage (Family of 4)

$86,976

per year

Cost Index by Category

Housing
67.7
Food
95.1
Transportation
90.1
Healthcare
96.0
Utilities
90.6

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 Petersburg is 83.6, which is 16.4% below the national average. Housing costs are below the national average at an index of 67.7. A single adult needs to earn approximately $36,797 per year to cover basic expenses.