Jackson, TN Cost Of Living
Cost Of Living In Jackson, TN Summary
Cost of living in Jackson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Jackson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Jackson is 87, with 100 being the average.
The cost of living index in Jackson is 0.9x lower than the national average.
Jackson ranks as the #33 cheapest in Tennessee out of 109.
Jackson ranks as the #777 cheapest out of 6,489 in the US.
The median home value in Jackson is $221,912.
The median income in Jackson is $51,552.
Table Of Contents
Jackson's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Jackson, TN?
According to the most recent data on the cost of living, Jackson has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Jackson has a cost of living index that's 1.0x lower than Tennessee's index of 90.
The standard of living in Jackson ranks as #33 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Jackson ranks as the #76 most expensive place in the Volunteer State.
For more reading on life in Jackson, check out:
In Tennessee
In America
Jackson Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Jackson. Here is how it fairs on each of the criteria:
The Services index in Jackson is 94.
The Groceries index in Jackson is 95.
The Health index in Jackson is 87.
The Housing index in Jackson is 82.
The Transportation index in Jackson is 90.
The Utilities index in Jackson is 86.
| Living Expense | Jackson | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 87 | 90 | 100 | |
| Services | 94 | 93 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 87 | 87 | 100 | |
| Housing | 82 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 86 | 95 | 100 | |
Jackson, 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 2019-2023. The key points are:
The Median Home Value in Jackson is $221,912.
The Median Rent in Jackson is $1,094.
The Median Income in Jackson is $51,552.
The Home Value To Income in Jackson is 4.3x.
The Rent To Monthly Income in Jackson is 0.25x.
Median Home Value
Median Rent
Median Income
Jackson, TN Costs By Category
Detailed Jackson Services Costs Vs. Tennessee
Detailed Jackson Groceries Costs Vs. Tennessee
Detailed Jackson Health Costs Vs. Tennessee
Detailed Jackson Transportation Costs Vs. Tennessee
Detailed Jackson Utilities Costs Vs. Tennessee
Jackson SnackAbility
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Cost Of Living In Cities Around Jackson
The cost of living varies in the cities and towns around Jackson. Here's a quick look at the cost of living in the most populous nearby places:
Dyersburg, TN has a cost of living index of 86, 1.0x Jackson.
Martin, TN has a cost of living index of 86, 1.0x Jackson.
Brownsville, TN has a cost of living index of 80, 0.9x Jackson.
| City | Population | Cost Of Living | Vs. Jackson |
|---|---|---|---|
| Dyersburg, TN | 16,075 | 86 | 1.0x |
| Martin, TN | 10,864 | 86 | 1.0x |
| Brownsville, TN | 9,634 | 80 | 0.9x |
| Oakland, TN | 9,544 | 101 | 1.2x |
| Milan, TN | 8,194 | 83 | 1.0x |
| Lexington, TN | 7,943 | 87 | 1.0x |
| Humboldt, TN | 7,799 | 80 | 0.9x |
| Savannah, TN | 7,219 | 83 | 1.0x |
| Henderson, TN | 6,349 | 84 | 1.0x |
| McKenzie, TN | 5,706 | 81 | 0.9x |
