Cost of Living in Sharon, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.5
100 = national avg
-37.5 vs national average
Living Wage (1 Adult)
$27,514
per year
Living Wage (Family of 4)
$65,034
per year
Cost Index by Category
Housing57.6
Food75.5
Transportation51.0
Healthcare80.4
Utilities76.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$710
per month
2 Bedroom
$925
per month
The overall cost of living index in Sharon is 62.5, which is 37.5% below the national average. Housing costs are below the national average at an index of 57.6. A single adult needs to earn approximately $27,514 per year to cover basic expenses.