Madisonville, TN Cost of Living


3 Reviews



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United States / Tennessee / No Metro Area / Monroe County / Madisonville / Zip Codes

Madisonville cost of living score
79.9
Less expensive
20.1% lower
than the US average
11.1% lower
than the Tennessee average
Madisonville, Tennessee gets a BestPlaces Cost of Living score of 79.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.1% lower than the U.S. average and 11.1% higher than the average for Tennessee.

Madisonville, TN

Housing costs in Madisonville?
A typical home costs $228,300, which is 32.5% less expensive than the national average of $338,100 and 17.7% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Madisonville costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 39.0% cheaper than the state average of $1,070.

Can I afford Madisonville?
To live comfortably in Madisonville, Tennessee, a minimum annual income of $43,920 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Madisonville?
The cost of living in Madisonville is relatively low. Living expenses are lower than the national average, making it an affordable place to live. The median home price in Madisonville is $135,000, which is significantly lower than the national median home price of $200,000. Additionally, groceries and utilities are both moderately priced, with food prices slightly below the national average and utility costs slightly above the national average. This makes Madisonville a great option for those looking for an affordable place to live without sacrificing quality.
   Cost of living score
     CategoriesMadisonvilleTennesseeUnited States
  79.989.9100.0
  95.695.4100
  96.2100.4100.0
  57.579.4100.0
  $228,300$277,400$338,100
  100.5%96.7%100.0%
  73.590.2100.0
  71.684.7100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Madisonville
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I lived in Memphis for the last 20 years, then we moved to Madisonville in the Fall of 2020. This is a great small town to live in. Everyone I've met is extremely  More

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Over 15 years ago

I just moved here about 2 months ago , and this by far is the most beautiful, scenic city I have resided in . We have alot of farm animals here, lots of rolling hills  More

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I moved here about 4 years ago. I have lived in several places before but over all this area is one of the most beautiful. I have not been in one area of Monroe County  More

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