Lawrenceburg, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 81, with 100 being the average.

  • The cost of living index in Lawrenceburg is 0.8x lower than the national average.

  • Lawrenceburg ranks as the #20 cheapest in Tennessee out of 105.

  • Lawrenceburg ranks as the #290 cheapest out of 6,412 in the US.

  • The median home value in Lawrenceburg is $119,800.

  • The median income in Lawrenceburg is $33,463.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
81
Lawrenceburg's Overall Cost Of Living
0.8x
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 81, which is 0.8x lower than the national index of 100.

Compared to Tennessee, Lawrenceburg has a cost of living index that's 0.9x lower than Tennessee's index of 90.

The standard of living in Lawrenceburg ranks as #20 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Lawrenceburg ranks as the #85 most expensive place in the Volunteer State.

For more reading on life in Lawrenceburg, check out:

20 out of 105
In Tennessee
290 out of 6,412
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 95.

  • The Groceries index in Lawrenceburg is 95.

  • The Health index in Lawrenceburg is 77.

  • The Housing index in Lawrenceburg is 53.

  • The Transportation index in Lawrenceburg is 92.

  • The Utilities index in Lawrenceburg is 97.

Living Expense Lawrenceburg Tennessee National Average
Overall 81 90 100
Services 95 93 100
Groceries 95 96 100
Health 77 88 100
Housing 53 82 100
Transportation 92 90 100
Utilities 97 93 100
For more reading on cost of living around Tennessee, check out:
Lawrenceburg Cost of Living Vs. TN

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 2017-2021. The key points are:

  • The Median Home Value in Lawrenceburg is $119,800.

  • The Median Rent in Lawrenceburg is $665.

  • The Median Income in Lawrenceburg is $33,463.

  • The Home Value To Income in Lawrenceburg is 3.6x.

  • The Rent To Monthly Income in Lawrenceburg is 0.24x.

Statistic Lawrenceburg Tennessee United States
Median Home Value $119,800 $193,700 $244,900
Median Rent $665 $951 $1,163
Median Income $33,463 $58,516 $69,021
Home Value To Income 3.6x 3.3x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x
Search Homes For Sale In Lawrenceburg, TN
$119,800
Median Home Value
$665
Median Rent
$33,463
Median Income

Lawrenceburg, TN Costs By Category

Detailed Lawrenceburg Services Costs Vs. Tennessee

Item Lawrenceburg Tennessee
Shampoo $1.2 $1.06
Movie $13.69 $10.68
Bowling $15.0 $14.67
Haircut $14.55 $18.62
Beauty Salon $36.68 $39.05

Detailed Lawrenceburg Groceries Costs Vs. Tennessee

Item Lawrenceburg Tennessee
Ground Beef $2.93 $4.22
Fried Chicken $1.52 $1.39
Milk $1.63 $2.05
Potatoes $2.94 $3.29
Pizza $9.64 $10.62
Beer $9.55 $9.38
Toothpaste $1.9 $2.34

Detailed Lawrenceburg Health Costs Vs. Tennessee

Item Lawrenceburg Tennessee
Optometrist $75.63 $108.57
Doctor $71.33 $116.17
Dentist $79.2 $99.13

Detailed Lawrenceburg Transportation Costs Vs. Tennessee

Item Lawrenceburg Tennessee
Gasoline $2.04 $2.22
Tire Balancing $46.47 $50.07

Detailed Lawrenceburg Utilities Costs Vs. Tennessee

Item Lawrenceburg Tennessee
All Electricity $160.98 $167.67
Phone $181.81 $175.64

Lawrenceburg SnackAbility

4
/10
Overall SnackAbility
Jobs
3/10
Housing
4
Affordability
5
Diversity
7
Safety
5
Amenities
8
Education
5
Commute
8

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 106, 1.3x Lawrenceburg.

  • Spring Hill, TN has a cost of living index of 106, 1.3x Lawrenceburg.

  • Columbia, TN has a cost of living index of 93, 1.1x Lawrenceburg.

City Population Cost Of Living Vs. Lawrenceburg
Madison, AL 55,551 106 1.3x
Spring Hill, TN 48,403 106 1.3x
Columbia, TN 40,957 93 1.1x
Florence, AL 39,709 86 1.1x
Athens, AL 25,213 90 1.1x
Muscle Shoals, AL 15,969 89 1.1x
Lewisburg, TN 12,131 84 1.0x
Pulaski, TN 8,163 83 1.0x
Fayetteville, TN 6,988 89 1.1x

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