Cost of Living in Powell, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.6
100 = national avg
+21.6 vs national average
Living Wage (1 Adult)
$53,497
per year
Living Wage (Family of 4)
$126,447
per year
Cost Index by Category
Housing121.8
Food115.2
Transportation130.4
Healthcare112.1
Utilities113.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,184
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Powell is 121.6, which is 21.6% above the national average. Housing costs are above the national average at an index of 121.8. A single adult needs to earn approximately $53,497 per year to cover basic expenses.