Cost of Living in Palmer, TN

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

Get Access to 300+ Local Data Points
A+
18%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
52%
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 Palmer Tennessee National
Cost of living8292100
Groceries9698100
Health care9897100
Housing4880100
Transportation9697100
Utilities9698100
Lifestyle & Entertainment9497100
Household Items9998100
Education & Childcare9797100
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 Palmer, TN

property for sale

Owl Hollow Rd Lot 8

, TN
property for sale

Owl Hollow Rd Lot 2

, TN
property for sale

Owl Hollow Rd Lot 1

, TN
property for sale

1970 Rock Ave

Palmer, TN

Cost Of Living Quick Facts

  • The cost of living in Palmer is 11% lower than the Tennessee average
  • The cost of living in Palmer is 18% lower than the national average
  • Palmer housing is 52% 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 Palmer

See all the best places to live around Palmer

Compare Palmer, TN Cost of Living

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

      The best places in Tennessee

      Here are the best places to live in TennesseeSafest Cities In The USCheck out the 10 most dangerous cities in TennesseeMost 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$50,934$4,245$1,188$1,528
      Renters$42,748$3,562$997$1,283

      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.
      Beersheba Springs, TN787963.6%
      Altamont, TN1,0228019.8%
      Coalmont, TN8778118.6%
      Gruetli-Laager, TN1,9758514.5%
      Tracy City, TN1,8558614.2%
      Palmer, TN7238218.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Molena, GA7239010.3%
      Elysian, MN7231077.1%
      Roulette, PA7238415.5%
      Goodwill, SD7238019.7%
      Corinne, UT7231077.1%
      Palmer, TN7238218.1%
      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