Cost of Living in Loretto, TN

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16%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
42%
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 Loretto Tennessee National
Cost of living8492100
Groceries9598100
Health care9797100
Housing5880100
Transportation9897100
Utilities9698100
Lifestyle & Entertainment9497100
Household Items9598100
Education & Childcare9197100
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Homes For Sale In Loretto, TN

property for sale

109 2nd Ave N

Loretto, TN
property for sale

193 Rigling Rd

Loretto, TN
property for sale

91 Lambs Ferry Rd

Loretto, TN
property for sale

374 State Line Rd

Loretto, TN
See the Newest Homes For Sale In Loretto, TN

Cost Of Living Quick Facts

  • The cost of living in Loretto is 9% lower than the Tennessee average
  • The cost of living in Loretto is 16% lower than the national average
  • Loretto housing is 42% 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 Loretto

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Compare Loretto, TN Cost of Living

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      Cost of living index
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      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$69,530$5,794$1,622$2,086
      Renters$45,446$3,787$1,060$1,364

      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.
      Iron City, TN977228.0%
      St. Joseph, TN9238118.6%
      Lawrenceburg, TN11,2588713.0%
      Underwood-Petersville, AL2,7788614.3%
      Lexington, AL8318613.7%
      Loretto, TN1,8498415.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Montpelier, IN1,8497821.5%
      Sharon, MS1,8497920.6%
      El Valle de Arroyo Seco, NM1,849973.3%
      Bonneauville, PA1,849991.1%
      Delaware City, DE1,8481032.6%
      Loretto, TN1,8498415.8%
      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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