Cost of Living in Winchester, TN

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A+
9%
Overall NAT. AVG.
5%
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 Winchester Tennessee National
Cost of living9192100
Groceries9698100
Health care9597100
Housing8080100
Transportation9697100
Utilities10098100
Lifestyle & Entertainment9197100
Household Items9498100
Education & Childcare9397100
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Homes For Sale In Winchester, TN

property for sale

2 Liberty Rd

Winchester, TN
property for sale

5468 Old Tullahoma Rd

Winchester, TN
property for sale

1485 Water Tank Rd

Winchester, TN
property for sale

Cascade Dr

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

Cost Of Living Quick Facts

  • The cost of living in Winchester is 2% lower than the Tennessee average
  • The cost of living in Winchester is 9% lower than the national average
  • Winchester housing is 20% 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 Winchester

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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$90,107$7,509$2,102$2,703
      Renters$43,388$3,616$1,012$1,302
      To approximate the cost of living and the housing affordability in Winchester, 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 Winchester have a median income of $90,107. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,102 per month to avoid calamity and poverty. The renters in the city have an income of about $43,388, which would make their monthly maximum allowable rental costs $1,012.

      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.
      Pelham, TN341963.6%
      Cowan, TN1,5298317.4%
      Huntland, TN1,0958416.3%
      Decherd, TN2,9328416.3%
      Hillsboro, TN3488910.8%
      Winchester, TN9,014919.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cresskill, NJ9,01518080.1%
      Bridgewater, NS9,016n/a 
      Princeton, IN9,0208515.0%
      Live Oak, CA9,00711716.9%
      Maysville, KY9,0218811.6%
      Winchester, TN9,014919.5%
      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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