Cost of Living in McKenzie, TN

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14%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
40%
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 McKenzie Tennessee National
Cost of living8692100
Groceries9998100
Health care9797100
Housing6080100
Transportation9497100
Utilities9698100
Lifestyle & Entertainment9697100
Household Items10198100
Education & Childcare10197100
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Homes For Sale In McKenzie, TN

property for sale

3265 New Zion Rd

Mc Kenzie, TN
property for sale

8 Chickadee Ln

Mc Kenzie, TN
property for sale

808 Tower Rd

Mc Kenzie, TN
property for sale

99 Linden St

Mc Kenzie, TN
See the Newest Homes For Sale In McKenzie, TN

Cost Of Living Quick Facts

  • The cost of living in McKenzie is 7% lower than the Tennessee average
  • The cost of living in McKenzie is 14% lower than the national average
  • McKenzie housing is 40% 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 McKenzie

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Compare McKenzie, TN Cost of Living

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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$83,962$6,997$1,959$2,519
      Renters$39,285$3,274$917$1,179
      To approximate the cost of living and the housing affordability in McKenzie, TN, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in McKenzie have a median income of $83,962. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,959 per month to avoid calamity and poverty. The renters in the city have an income of about $39,285, which would make their monthly maximum allowable rental costs $917.

      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.
      Hollow Rock, TN8358019.5%
      Bruceton, TN1,2148218.1%
      Gleason, TN1,5818217.8%
      Atwood, TN1,1658217.7%
      Dresden, TN3,0128317.1%
      McKenzie, TN5,7098613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cookshire-Eaton, QC5,709n/a 
      Byron, MN5,7041088.3%
      Caruthersville, MO5,7048613.7%
      Rockdale, TX5,7148713.5%
      Lanark Highlands, ON5,714n/a 
      McKenzie, TN5,7098613.8%
      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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