Cookeville 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.
Cost of living index9390100
Goods & Services index10297100
Groceries index9693100
Health care index9090100
Housing index8380100
Transportation index9090100
Utilities index9692100
A general overview of the cost of living index for Cookeville, TN is displayed above. In Cookeville, TN, the overall cost of living index is 93, which is 3% higher than the Tennessee average and 7% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Cookeville, TN, the city's goods and services are 5% higher than the Tennessee average and 2% higher than the U.S. average.

Did you know?

  • The cost of living in Cookeville is 3% higher than the Tennessee average.
  • The cost of living in Cookeville is 7% lower than the national average.
  • The cost of housing in Cookeville is 17% 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.

Find Real Estate Listings In Cookeville


New Real Estate Listings In Cookeville

Compare Cookeville, 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
The salary calculator is meant to help you compare your salary in Cookeville, TN to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Cookeville, TN, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Cookeville, TN salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Cookeville, TN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Cookeville, TN homeowners, is $52,400. This would allow for a maximum of $1,223 per month to be spent on housing costs. For renters, the median monthly income is $17,789 which would result in a maximum of $415 to be spent on rental costs.

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Cookeville, 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

ItemCookevilleNational avg.Difference
Haircut $17.28$15.5611.0%
Beauty Salon $26.50$36.1126.6%
Toothpaste $2.37$2.474.0%
Shampoo $0.89$0.967.8%
Movie $9.99$10.131.3%
Bowling $3.62$4.7423.5%


ItemCookevilleNational avg.Difference
Ground Beef $3.83$3.983.9%
Fried Chicken $1.20$1.4114.5%
Milk $1.75$2.0615.2%
Potatoes $2.56$2.9814.0%
Pizza $9.80$9.473.5%
Beer $8.92$8.791.4%

Health Care

ItemCookevilleNational avg.Difference
Optometrist $96.00$101.045.0%
Doctor $99.17$107.447.7%
Dentist $73.89$90.4218.3%
Ibuprofen $8.83$9.284.9%
Lipitor $409.53$426.504.0%


ItemCookevilleNational avg.Difference
Home Price $157,800.00$175,700.0010.2%
Avg. Mortgage Payment $861.99$1,133.2323.9%
Apartment Rent $609.00$920.0033.8%


ItemCookevilleNational avg.Difference
Gasoline $1.81$1.999.1%
Tire Balancing $39.98$45.7612.6%


ItemCookevilleNational avg.Difference
All Electricity$137.95$163.8115.8%
Phone $31.66$28.3911.5%
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.
Gainesboro, TN1,03782-18%
Monterey, TN2,85184-16%
Baxter, TN1,53384-16%
Dodson Branch, TN1,35885-15%
Sparta, TN5,03685-15%
Cookeville, TN31,00493-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Garfield, NJ30,99612929%
Alabaster, AL30,97894-6%
Florence, KY31,03893-7%
Waxahachie, TX31,04598-2%
University CDP (Orange County), FL30,92693-7%
Cookeville, TN31,00493-7%
Source: The Cookeville, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.