Lenoir City, TN Cost Of Living

The latest cost of living statistics for Lenoir City. Includes statistics on rent, mortgages, healthcare, and other costs for Lenoir City compared to the state and national averages.

Cost of living in Lenoir City, Tennessee

Cost of living in Lenoir City 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 Lenoir City 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:

93 Cost of living index 0.9x lower vs US
#47 Cheapest in Tennessee (of 109)
#1,516 Cheapest in the U.S. (of 6,489)
$411,983 Median home value
$932 Median rent
$67,259 Median income
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What is the cost of living in Lenoir City, TN?

According to the most recent data on the cost of living, Lenoir City has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to Tennessee, Lenoir City has a cost of living index that's 1.0x lower than Tennessee's index of 94.

The standard of living in Lenoir City ranks as #47 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Lenoir City ranks as the #62 most expensive place in the Volunteer State.

For more reading on life in Lenoir City, check out:

Lenoir City Cost Of Living Vs. Tennessee

Six factors go into calculating the cost of living index in Lenoir City. Here is how it fares on each of the criteria:

  • The Services index in Lenoir City is 95.

  • The Groceries index in Lenoir City is 98.

  • The Health index in Lenoir City is 84.

  • The Housing index in Lenoir City is 94.

  • The Transportation index in Lenoir City is 95.

  • The Utilities index in Lenoir City is 95.

Living Expense Lenoir City Tennessee National Average
Overall 93 94 100
Services 95 99 100
Groceries 98 96 100
Health 84 82 100
Housing 94 95 100
Transportation 95 99 100
Utilities 95 98 100

Lenoir City Cost Of Living Compared To Tennessee Averages

Services
Lenoir City 95
Tennessee avg 99
Groceries
Lenoir City 98
Tennessee avg 96
Health
Lenoir City 84
Tennessee avg 82
Housing
Lenoir City 94
Tennessee avg 95
Transportation
Lenoir City 95
Tennessee avg 99
Utilities
Lenoir City 95
Tennessee avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Tennessee, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Lenoir City, TN Housing Cost Breakdown

$411,983Median Home Value
$932Median Rent
$67,259Median Income

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 Lenoir City is $411,983.

  • The Median Rent in Lenoir City is $932.

  • The Median Income in Lenoir City is $67,259.

  • The Home Value To Income in Lenoir City is 6.1x.

  • The Rent To Monthly Income in Lenoir City is 0.17x.

Statistic Lenoir City Tennessee United States
Median Home Value $411,983 $333,650 $332,700
Median Rent $932 $1,189 $1,413
Median Income $67,259 $69,595 $80,734
Home Value To Income 6.1x 4.8x 4.1x
Rent To Monthly Income 0.17x 0.21x 0.21x

Lenoir City, TN Costs By Category

Detailed Lenoir City Services costs vs. Tennessee
Item Lenoir City Tennessee
Shampoo $1.23 $1.28
Movie $12.31 $12.13
Bowling $21.6 $18
Haircut $17.07 $24.26
Beauty Salon $42.0 $45.56
Detailed Lenoir City Groceries costs vs. Tennessee
Item Lenoir City Tennessee
Ground Beef $5.73 $5.84
Fried Chicken $1.42 $1.57
Milk $4.67 $4.67
Potatoes $5.03 $4.93
Pizza $11.42 $12.09
Beer $10.06 $10.41
Toothpaste $3.69 $3.7
Detailed Lenoir City Health costs vs. Tennessee
Item Lenoir City Tennessee
Optometrist $92.0 $125.68
Doctor $112.0 $135.78
Dentist $92.27 $113.29
Detailed Lenoir City Transportation costs vs. Tennessee
Item Lenoir City Tennessee
Gasoline $3.11 $3.46
Tire Balancing $52.8 $59.92
Detailed Lenoir City Utilities costs vs. Tennessee
Item Lenoir City Tennessee
All Electricity $173.24 $193.99
Phone $192.18 $192.25

Lenoir City SnackAbility

4Overall SnackAbility
Jobs 6/10
Housing 6/10
Affordability 6/10
Diversity 8/10
Safety 4/10
Amenities 8/10
Education 6/10
Commute 8.5/10