Lawrenceburg, TN Cost Of Living
Cost Of Living In Lawrenceburg, TN Summary
Cost of living in Lawrenceburg 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 Lawrenceburg 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 Lawrenceburg is 86, with 100 being the average.
The cost of living index in Lawrenceburg is 0.9x lower than the national average.
Lawrenceburg ranks as the #26 cheapest in Tennessee out of 109.
Lawrenceburg ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Lawrenceburg is $236,717.
The median income in Lawrenceburg is $41,458.
Table Of Contents
Lawrenceburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lawrenceburg, TN?
According to the most recent data on the cost of living, Lawrenceburg has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Lawrenceburg has a cost of living index that's 1.0x lower than Tennessee's index of 90.
The standard of living in Lawrenceburg ranks as #26 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Lawrenceburg ranks as the #83 most expensive place in the Volunteer State.
For more reading on life in Lawrenceburg, check out:
In Tennessee
In America
Lawrenceburg Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Lawrenceburg. Here is how it fairs on each of the criteria:
The Services index in Lawrenceburg is 100.
The Groceries index in Lawrenceburg is 98.
The Health index in Lawrenceburg is 90.
The Housing index in Lawrenceburg is 60.
The Transportation index in Lawrenceburg is 91.
The Utilities index in Lawrenceburg is 92.
| Living Expense | Lawrenceburg | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 86 | 90 | 100 | |
| Services | 100 | 93 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 90 | 87 | 100 | |
| Housing | 60 | 81 | 100 | |
| Transportation | 91 | 89 | 100 | |
| Utilities | 92 | 95 | 100 | |
Lawrenceburg, 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 Lawrenceburg is $236,717.
The Median Rent in Lawrenceburg is $768.
The Median Income in Lawrenceburg is $41,458.
The Home Value To Income in Lawrenceburg is 5.7x.
The Rent To Monthly Income in Lawrenceburg is 0.22x.
| Statistic | Lawrenceburg | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $236,717 | $330,598 | $303,400 |
| Median Rent | $768 | $1,122 | $1,348 |
| Median Income | $41,458 | $67,097 | $78,538 |
| Home Value To Income | 5.7x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Lawrenceburg, TN Costs By Category
Detailed Lawrenceburg Services Costs Vs. Tennessee
| Item | Lawrenceburg | Tennessee |
|---|---|---|
| Shampoo | $1.05 | $1.28 |
| Movie | $14.99 | $12.13 |
| Bowling | $7.11 | $18 |
| Haircut | $16.56 | $24.26 |
| Beauty Salon | $38.22 | $45.56 |
Detailed Lawrenceburg Groceries Costs Vs. Tennessee
| Item | Lawrenceburg | Tennessee |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.39 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $10.79 | $12.09 |
| Beer | $10.06 | $10.41 |
| Toothpaste | $3.54 | $3.7 |
Detailed Lawrenceburg Health Costs Vs. Tennessee
| Item | Lawrenceburg | Tennessee |
|---|---|---|
| Optometrist | $102.44 | $125.68 |
| Doctor | $133.17 | $135.78 |
| Dentist | $86.34 | $113.29 |
Detailed Lawrenceburg Transportation Costs Vs. Tennessee
| Item | Lawrenceburg | Tennessee |
|---|---|---|
| Gasoline | $3.11 | $3.46 |
| Tire Balancing | $37.5 | $59.92 |
Detailed Lawrenceburg Utilities Costs Vs. Tennessee
| Item | Lawrenceburg | Tennessee |
|---|---|---|
| All Electricity | $187.59 | $193.99 |
| Phone | $195.99 | $192.25 |
Lawrenceburg SnackAbility
/10
Cost Of Living In Cities Around Lawrenceburg
The cost of living varies in the cities and towns around Lawrenceburg. Here's a quick look at the cost of living in the most populous nearby places:
Madison, AL has a cost of living index of 107, 1.2x Lawrenceburg.
Spring Hill, TN has a cost of living index of 115, 1.3x Lawrenceburg.
Columbia, TN has a cost of living index of 96, 1.1x Lawrenceburg.
| City | Population | Cost Of Living | Vs. Lawrenceburg |
|---|---|---|---|
| Madison, AL | 58,335 | 107 | 1.2x |
| Spring Hill, TN | 53,585 | 115 | 1.3x |
| Columbia, TN | 43,971 | 96 | 1.1x |
| Florence, AL | 41,231 | 85 | 1.0x |
| Athens, AL | 27,474 | 91 | 1.1x |
| Muscle Shoals, AL | 16,670 | 90 | 1.0x |
| Lewisburg, TN | 12,607 | 89 | 1.0x |
| Pulaski, TN | 8,305 | 86 | 1.0x |
| Fayetteville, TN | 7,037 | 89 | 1.0x |
