Mercer, TN Cost of Living


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How much do I need to live in Mercer, Tennessee?
$2,460 / month
for a family, 54.4% less expensive than the national average A total of $29,520 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Mercer cost of living score
80.7
Less expensive
19.3% lower
than the US average
10.2% lower
than the Tennessee average
Mercer, Tennessee gets a BestPlaces Cost of Living score of 80.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.3% lower than the U.S. average and 10.2% higher than the average for Tennessee.

Mercer, TN

Housing costs in Mercer?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Mercer costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 37.2% cheaper than the state average of $1,070.

Can I afford Mercer?
To live comfortably in Mercer, Tennessee, a minimum annual income of $29,520 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Mercer?
Mercer, TN is known for its affordability compared to the US average. The median house value in Mercer is significantly lower than the national average of $338,100, making it a great option for those looking to purchase a home without breaking the bank. Additionally, the cost of living in Mercer is also much lower than the US average of 100, allowing residents to enjoy an affordable lifestyle with plenty of amenities. With so many benefits, there's no wonder why Mercer has become such a popular destination for people looking for a place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMercerTennesseeUnited States
    Unlock89.9100.0
Grocery 95.4100

   100=National Average

   Average Rent by Bedroom Size
Crime
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