Cost of Living in Townsend, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.0
100 = national avg
+29.0 vs national average
Living Wage (1 Adult)
$56,771
per year
Living Wage (Family of 4)
$134,186
per year
Cost Index by Category
Housing146.5
Food114.3
Transportation122.5
Healthcare111.5
Utilities117.9
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 Townsend is 129.0, which is 29.0% above the national average. Housing costs are above the national average at an index of 146.5. A single adult needs to earn approximately $56,771 per year to cover basic expenses.