Clarksville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexClarksvilleTennesseeNational
Cost of living index9491100
IndexClarksvilleTennesseeNational
Goods & Services index10298100
Groceries index9492100
Health care index8689100
Housing index8280100
Transportation index9793100
Utilities index10291100
Here we can see a simple outline of the cost of living in Clarksville, TN. As you can see, with the average cost of living in Clarksville, TN being 94, that puts it 4% higher than the average of Tennessee and 6% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Clarksville, TN, the price of goods and services are 4% higher than the average of Tennessee as well as 2% higher than the nation's average.

Did you know?

  • The cost of living in Clarksville is 4% higher than the Tennessee average.
  • The cost of living in Clarksville is 6% lower than the national average.
  • The cost of housing in Clarksville is 18% lower than the national average.
  • Tennessee general sales tax is 37% higher than the national average.
  • Tennessee state income tax is 100% lower than the national average.

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Compare Clarksville, TN Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Clarksville, TN to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Clarksville, TN, you have to earn a higher income in order to still have the same standard of living. To operate the Clarksville, TN salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,120$4,927$1,379$1,774
Renters$36,046$3,004$841$1,081
One can approximate the cost of living and the housing affordability in Clarksville, TN by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Clarksville, TN have a median income of $59,120. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,379 per month to avoid calamity and poverty. The renters in the city have an income of about $36,046, which would make their monthly maximum allowable rental costs $841.

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%
When you are determining the total cost of living in Clarksville, TN you will want to make sure you consider both the Tennessee sales tax and the Tennessee income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Tennessee is 7%, with the highest surtax being 9.75%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Tennessee have a range from 0% to 0%.

Goods & Services

ItemClarksvilleNational avg.Difference
Haircut $16.40$14.5912.4%
Beauty Salon $30.40$34.6812.3%
Toothpaste $2.69$2.478.8%
Shampoo $1.05$1.022.7%
Movie $10.05$9.871.8%
Bowling $4.55$4.393.6%

Groceries

ItemClarksvilleNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.31$1.4610.5%
Milk $1.87$2.3620.7%
Potatoes $2.58$3.0615.7%
Pizza $10.99$9.2418.9%
Beer $8.65$8.630.2%

Health Care

ItemClarksvilleNational avg.Difference
Optometrist $74.50$99.7825.3%
Doctor $78.33$105.0325.4%
Dentist $79.00$88.7010.9%
Ibuprofen $8.79$9.416.6%
Lipitor $276.00$298.507.5%

Housing

ItemClarksvilleNational avg.Difference
Home Price $135,500.00$175,700.0022.9%
Avg. Mortgage Payment $806.99$1,081.0325.3%
Apartment Rent $855.00$920.007.1%

Transportation

ItemClarksvilleNational avg.Difference
Gasoline $2.11$2.091.0%
Tire Balancing $39.20$45.2913.4%

Utilities

ItemClarksvilleNational avg.Difference
All Electricity$193.08$170.8013.0%
Phone $24.50$28.2613.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Walnut Grove, TN31881-19%
Guthrie, KY1,55284-16%
Trenton, KY39384-16%
Oak Grove, KY7,52289-11%
Fort Campbell North, KY14,0151011%
Clarksville, TN140,56394-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Metairie, LA140,07498-2%
Savannah, GA141,29897-3%
Dayton, OH141,77686-14%
Pasadena, CA139,06516363%
Orange, CA138,98015353%
Clarksville, TN140,56394-6%
Source: The Clarksville, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.