Cost of Living in Lenoir City, TN

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A+
8%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
18%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lenoir City Tennessee National
Cost of living9292100
Groceries9598100
Health care9997100
Housing8280100
Transportation9597100
Utilities9598100
Lifestyle & Entertainment9697100
Household Items9698100
Education & Childcare10297100
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Homes For Sale In Lenoir City, TN

property for sale

6188 White Wing Rd

Lenoir City, TN
property for sale

234 Clover Cir

Lenoir City, TN
property for sale

972 Taffrail Dr

Lenoir City, TN
property for sale

851 Granada Dr

Lenoir City, TN

Cost Of Living Quick Facts

  • The cost of living in Lenoir City is equal to the Tennessee average
  • The cost of living in Lenoir City is 8% lower than the national average
  • Lenoir City housing 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

Most Affordable Places to Live in and Around Lenoir City

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Compare Lenoir City, TN Cost of Living

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      The best places in Tennessee

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$79,559$6,630$1,856$2,387
      Renters$40,473$3,373$944$1,214
      A good indicator of the general affordability of housing in Lenoir City, TN, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Lenoir City, the median monthly income is $79,559 for those who own their own homes. Under the standard rule, that income level would allow for $1,856 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $40,473, per the median income in the area. That would allow for renters to spend up to $944 on monthly rental expenses.

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

      State Income Tax (Low) Income Tax (High)
      Tennessee 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Sweetwater, TN6,1258713.0%
      Philadelphia, TN8388713.1%
      Loudon, TN6,0408911.5%
      Coalfield, TN2,925919.0%
      Friendsville, TN1,084946.1%
      Lenoir City, TN9,420927.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Charlotte, MI9,4198811.7%
      Nolensville, TN9,42214645.9%
      Washington Terrace, UT9,4221044.0%
      Greenville, RI9,42312222.1%
      Grinnell, IA9,424928.3%
      Lenoir City, TN9,420927.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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