Cost of Living in Selmer, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.9
100 = national avg
-25.1 vs national average
Living Wage (1 Adult)
$32,952
per year
Living Wage (Family of 4)
$77,886
per year
Cost Index by Category
Housing64.0
Food86.8
Transportation73.5
Healthcare89.4
Utilities84.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$925
per month
The overall cost of living index in Selmer is 74.9, which is 25.1% below the national average. Housing costs are below the national average at an index of 64.0. A single adult needs to earn approximately $32,952 per year to cover basic expenses.