Zip 38505 (Cookeville, TN) Cost of Living


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How much do I need to live in Cookeville, Tennessee?
$4,950 / month
for a family, 8.3% less expensive than the national average A total of $59,400 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Cookeville cost of living score
87.1
Less expensive
12.9% lower
than the US average
3.1% lower
than the Tennessee average
Cookeville (zip 38505), Tennessee gets a BestPlaces Cost of Living score of 87.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.9% lower than the U.S. average and 3.1% higher than the average for Tennessee.

Zip 38505 (Cookeville, TN)

Housing costs in Cookeville?
A typical home costs $309,100, which is 8.6% less expensive than the national average of $338,100 and 11.4% more expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Cookeville costs $860 per month, which is 19.6% cheaper than the national average of $1,070 and 4.7% more than the state average of $820.

Can I afford Cookeville?
To live comfortably in Cookeville (zip 38505), Tennessee, a minimum annual income of $59,400 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Cookeville?
The cost of living in 38505 Cookeville, TN is quite affordable. On average, housing costs are quite reasonable compared to larger cities and other parts of the state. The median home price in Cookeville is around $150,000 which is significantly lower than many other Tennessee cities. In addition, the overall cost of living in Cookeville is only about 4% higher than the national average, making it an attractive option for those looking to save money. Additionally, taxes in Cookeville are typically lower than many other areas due to the fact that Tennessee does not have a state income tax. Combined with the low cost of living and plentiful job opportunities, 38505 Cookeville makes an attractive proposition for families on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCookevilleTennesseeUnited States
    Unlock89.9100.0
  96.3  Unlock100.0
    Unlock100.4100.0
  65.5  Unlock100.0
    Unlock$277,400$338,100
  94.6  Unlock100.0
    Unlock90.2100.0
  101.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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