Cost of Living in Munford, TN

Get 300+ Local Insights for Any Address in Munford, TN

Get Access to 300+ Local Data Points
A+
1%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
10%
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 Munford Tennessee National
Cost of living10192100
Groceries10098100
Health care9897100
Housing11080100
Transportation9697100
Utilities9598100
Lifestyle & Entertainment9797100
Household Items9798100
Education & Childcare9497100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Munford, TN

property for sale

160 Empire Ln

Atoka, TN
property for sale

203 Windy Oaks Dr

Munford, TN
property for sale

297 McLaughlin Dr

Munford, TN
property for sale

38 Mindy Ave

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

Cost Of Living Quick Facts

  • The cost of living in Munford is 9% higher than the Tennessee average
  • The cost of living in Munford is 1% higher than the national average
  • Munford housing is 10% higher 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 Munford

See all the best places to live around Munford

Compare Munford, TN Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Munford?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Munford?
      Write a review to give others more information about this area.
      See all Munford poll results

      The best places in Tennessee

      Here are the best places to live in TennesseeMost Dangerous Cities In The USSafest Cities In The USMost Dangerous States In The US
      Best Places in Tennessee

      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$137,297$11,441$3,203$4,119
      Renters$0$0$0$0
      The affordability of the housing market in Munford, TN as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Munford homeowners, the median income is $137,297. This indicates that a monthly maximum of $3,203 should be spent by homeowners on all housing related costs. Renters have a median income of $0. This indicates that renters would have a maximum of $0 for their rent related monthly costs.

      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.
      Wilson, AR1,1628812.1%
      Covington, TN9,1138811.8%
      Burlison, TN3439010.0%
      Millington, TN11,024909.6%
      Garland, TN338928.2%
      Munford, TN6,2891010.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sheridan, OR6,2881054.7%
      Independence, IA6,2868911.1%
      Violet, LA6,286955.0%
      Hockinson, WA6,28515049.9%
      South Williamsport, PA6,281945.7%
      Munford, TN6,2891010.7%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026