Medon 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.
IndexMedonTennesseeNational
Cost of living index8991100
IndexMedonTennesseeNational
Goods & Services index11398100
Groceries index8992100
Health care index9189100
Housing index5980100
Transportation index9693100
Utilities index9091100

Did you know?

  • The cost of living in Medon is 2% lower than the Tennessee average.
  • The cost of living in Medon is 11% lower than the national average.
  • The cost of housing in Medon is 41% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$31,667$2,639$739$950
Renters$26,607$2,217$621$798

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%

Goods & Services

ItemMedonNational avg.Difference
Haircut $13.25$14.599.2%
Beauty Salon $32.00$34.687.7%
Toothpaste $1.50$2.4739.4%
Shampoo $1.33$1.0230.1%
Movie $9.00$9.878.8%
Bowling $4.10$4.396.6%

Groceries

ItemMedonNational avg.Difference
Ground Beef $2.97$4.4833.7%
Fried Chicken $1.00$1.4631.7%
Milk $1.81$2.3623.2%
Potatoes $3.08$3.060.6%
Pizza $9.88$9.246.9%
Beer $7.97$8.637.7%

Health Care

ItemMedonNational avg.Difference
Optometrist $110.00$99.7810.2%
Doctor $99.00$105.035.7%
Dentist $69.60$88.7021.5%
Ibuprofen $6.83$9.4127.4%
Lipitor $316.00$298.505.9%

Housing

ItemMedonNational avg.Difference
Home Price $100,000.00$175,700.0043.1%
Avg. Mortgage Payment $769.34$1,081.0328.8%
Apartment Rent $593.00$920.0035.5%

Transportation

ItemMedonNational avg.Difference
Gasoline $1.98$2.095.5%
Tire Balancing $46.00$45.291.6%

Utilities

ItemMedonNational avg.Difference
All Electricity$158.55$170.807.2%
Phone $24.01$28.2615.0%
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.
Finger, TN33082-18%
Toone, TN41785-15%
Bethel Springs, TN84786-14%
Bolivar, TN5,27587-13%
Henderson, TN6,42990-10%
Medon, TN15389-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Effie, MN15383-17%
Rome, IA15378-22%
Palmer, IA15371-29%
Cowgill, MO15376-24%
Burkittsville, MD15311313%
Medon, TN15389-11%
Source: The Medon, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.