Cost of Living in Shelbyville, TN

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

Cost of Living Overview

Overall Index

95.1

100 = national avg

-4.9 vs national average

Living Wage (1 Adult)

$41,854

per year

Living Wage (Family of 4)

$98,927

per year

Cost Index by Category

Housing
103.0
Food
90.0
Transportation
99.5
Healthcare
92.0
Utilities
94.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$928

per month

2 Bedroom

$1,017

per month

The overall cost of living index in Shelbyville is 95.1, which is 4.9% below the national average. Housing costs are above the national average at an index of 103.0. A single adult needs to earn approximately $41,854 per year to cover basic expenses.