What is the cost of living in Erwin, TN?
According to the most recent data on the cost of living, Erwin has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Erwin has a cost of living index that's 0.9x lower than Tennessee's index of 94.
The standard of living in Erwin ranks as #15 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Erwin ranks as the #94 most expensive place in the Volunteer State.
For more reading on life in Erwin, check out:
Erwin Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Erwin. Here is how it fares on each of the criteria:
The Services index in Erwin is 97.
The Groceries index in Erwin is 99.
The Health index in Erwin is 67.
The Housing index in Erwin is 96.
The Transportation index in Erwin is 95.
The Utilities index in Erwin is 97.
| Living Expense | Erwin | Tennessee | National Average |
|---|---|---|---|
| Overall | 87 | 94 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 99 | 96 | 100 |
| Health | 67 | 82 | 100 |
| Housing | 96 | 95 | 100 |
| Transportation | 95 | 99 | 100 |
| Utilities | 97 | 98 | 100 |
Erwin Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, check out:
Protect your home budget Compare home warranties in Erwin Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Erwin, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Erwin is $223,110.
The Median Rent in Erwin is $614.
The Median Income in Erwin is $47,487.
The Home Value To Income in Erwin is 4.7x.
The Rent To Monthly Income in Erwin is 0.16x.
Erwin, TN Costs By Category
Detailed Erwin Services costs vs. Tennessee
Detailed Erwin Groceries costs vs. Tennessee
Detailed Erwin Health costs vs. Tennessee
Detailed Erwin Transportation costs vs. Tennessee
Erwin SnackAbility
Cost Of Living In Cities Around Erwin
The cost of living varies in the cities and towns around Erwin. Here's a quick look at the cost of living in the most populous nearby places:
Asheville, NC has a cost of living index of 115, 1.3x Erwin.
Morristown, TN has a cost of living index of 91, 1.0x Erwin.
Boone, NC has a cost of living index of 107, 1.2x Erwin.
| City | Population | Cost Of Living | Vs. Erwin |
|---|---|---|---|
| Asheville, NC | 94,535 | 115 | 1.3x |
| Morristown, TN | 31,527 | 91 | 1.0x |
| Boone, NC | 20,032 | 107 | 1.2x |
| Elizabethton, TN | 14,374 | 89 | 1.0x |
| Bloomingdale, TN | 9,292 | 89 | 1.0x |
| Black Mountain, NC | 8,513 | 108 | 1.2x |
| Fletcher, NC | 8,098 | 111 | 1.3x |
| Woodfin, NC | 8,048 | 112 | 1.3x |
| Church Hill, TN | 7,139 | 91 | 1.0x |
| Jonesborough, TN | 6,232 | 96 | 1.1x |
