Cost of Living in Summertown, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.6
100 = national avg
+8.6 vs national average
Living Wage (1 Adult)
$47,768
per year
Living Wage (Family of 4)
$112,906
per year
Cost Index by Category
Housing91.4
Food113.2
Transportation126.4
Healthcare110.6
Utilities106.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$716
per month
2 Bedroom
$939
per month
The overall cost of living index in Summertown is 108.6, which is 8.6% above the national average. Housing costs are below the national average at an index of 91.4. A single adult needs to earn approximately $47,768 per year to cover basic expenses.