Cost of Living in New Market, TN

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10%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
25%
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 New Market Tennessee National
Cost of living9092100
Groceries9798100
Health care9697100
Housing7580100
Transportation10097100
Utilities9798100
Lifestyle & Entertainment9597100
Household Items9798100
Education & Childcare9797100
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Homes For Sale In New Market, TN

property for sale

2869 Persian Ln

New Market, TN
property for sale

1021 W Old a J Hwy

New Market, TN
property for sale

877 Eslinger Rd

New Market, TN
property for sale

1958 River Mist Cir

New Market, TN

Cost Of Living Quick Facts

  • The cost of living in New Market is 2% lower than the Tennessee average
  • The cost of living in New Market is 10% lower than the national average
  • New Market housing is 25% 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 New Market

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Compare New Market, TN Cost of Living

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      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$86,846$7,237$2,026$2,606
      Renters$0$0$0$0

      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.
      Rutledge, TN1,5168416.3%
      Luttrell, TN1,0718515.2%
      Maynardville, TN2,6548812.3%
      Morristown, TN30,7388911.2%
      Jefferson City, TN8,5248910.8%
      New Market, TN1,617909.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kimball, TN1,617909.6%
      Roanoke, IN1,6168910.5%
      Canajoharie, NY1,618945.9%
      West Hurley, NY1,61811414.5%
      Yorktown Heights, NY1,61615049.8%
      New Market, TN1,617909.5%
      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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