Cost of Living in Oakland, TN

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

Get Access to 300+ Local Data Points
A+
4%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
20%
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 Oakland Tennessee National
Cost of living10492100
Groceries9998100
Health care9697100
Housing12080100
Transportation10097100
Utilities9698100
Lifestyle & Entertainment9297100
Household Items9698100
Education & Childcare10197100
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 Oakland, TN

property for sale

395 Charlotte Dr

Oakland, TN
property for sale

115 Lewis Fairway Cir

Oakland, TN
property for sale

6125 Warren Rd

Oakland, TN
property for sale

430 Lakewood Dr

Oakland, TN

Cost Of Living Quick Facts

  • The cost of living in Oakland is 13% higher than the Tennessee average
  • The cost of living in Oakland is 4% higher than the national average
  • Oakland housing is 20% 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 Oakland

See all the best places to live around Oakland

Compare Oakland, TN Cost of Living

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

      The best places in Tennessee

      Here are the best places to live in TennesseeSafest Cities In The USMost Dangerous States In The USMost Dangerous Cities 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$123,256$10,271$2,876$3,698
      Renters$92,744$7,729$2,164$2,783
      A good way to judge both the affordability of the housing and the cost of living in Oakland is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Oakland has a median income of about $123,256 for people who own homes. Based on that number, a maximum of $2,876 should be spent on expenses related to housing. Renters have a slightly different median income, which is $92,744. Based on this average, renters should spend no more than $2,164 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Moscow, TN7718614.0%
      Mason, TN1,1468712.7%
      Williston, TN5498911.3%
      Somerville, TN3,333919.2%
      Gallaway, TN738945.7%
      Oakland, TN8,4401044.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Beebe, AR8,4408911.2%
      Meraux, LA8,440972.8%
      Brockport, NY8,442982.2%
      Bryan, OH8,4348614.2%
      Ketchikan, AK8,44612020.2%
      Oakland, TN8,4401044.2%
      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