Madisonville, TN Cost Of Living

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

Cost of living in Madisonville, Tennessee

Cost of living in Madisonville 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 Madisonville 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:

88 Cost of living index 0.9x lower vs US
#22 Cheapest in Tennessee (of 109)
#742 Cheapest in the U.S. (of 6,489)
$286,953 Median home value
$726 Median rent
$39,878 Median income
Not sure Madisonville fits your budget? Try our place-match quiz →

What is the cost of living in Madisonville, TN?

According to the most recent data on the cost of living, Madisonville has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Tennessee, Madisonville has a cost of living index that's 0.9x lower than Tennessee's index of 94.

The standard of living in Madisonville ranks as #22 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Madisonville ranks as the #87 most expensive place in the Volunteer State.

For more reading on life in Madisonville, check out:

Madisonville Cost Of Living Vs. Tennessee

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

  • The Services index in Madisonville is 97.

  • The Groceries index in Madisonville is 97.

  • The Health index in Madisonville is 73.

  • The Housing index in Madisonville is 95.

  • The Transportation index in Madisonville is 101.

  • The Utilities index in Madisonville is 98.

Living Expense Madisonville Tennessee National Average
Overall 88 94 100
Services 97 99 100
Groceries 97 96 100
Health 73 82 100
Housing 95 95 100
Transportation 101 99 100
Utilities 98 98 100

Madisonville Cost Of Living Compared To Tennessee Averages

Services
Madisonville 97
Tennessee avg 99
Groceries
Madisonville 97
Tennessee avg 96
Health
Madisonville 73
Tennessee avg 82
Housing
Madisonville 95
Tennessee avg 95
Transportation
Madisonville 101
Tennessee avg 99
Utilities
Madisonville 98
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:

Protect your home budget Compare home warranties in Madisonville Get matched →

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

Madisonville, TN Housing Cost Breakdown

$286,953Median Home Value
$726Median Rent
$39,878Median 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 Madisonville is $286,953.

  • The Median Rent in Madisonville is $726.

  • The Median Income in Madisonville is $39,878.

  • The Home Value To Income in Madisonville is 7.2x.

  • The Rent To Monthly Income in Madisonville is 0.22x.

Statistic Madisonville Tennessee United States
Median Home Value $286,953 $333,650 $332,700
Median Rent $726 $1,189 $1,413
Median Income $39,878 $69,595 $80,734
Home Value To Income 7.2x 4.8x 4.1x
Rent To Monthly Income 0.22x 0.21x 0.21x

Madisonville, TN Costs By Category

Detailed Madisonville Services costs vs. Tennessee
Item Madisonville 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 Madisonville Groceries costs vs. Tennessee
Item Madisonville 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 Madisonville Health costs vs. Tennessee
Item Madisonville Tennessee
Optometrist $92.0 $125.68
Doctor $112.0 $135.78
Dentist $92.27 $113.29
Detailed Madisonville Transportation costs vs. Tennessee
Item Madisonville Tennessee
Gasoline $3.11 $3.46
Tire Balancing $52.8 $59.92
Detailed Madisonville Utilities costs vs. Tennessee
Item Madisonville Tennessee
All Electricity $173.24 $193.99
Phone $192.18 $192.25

Madisonville SnackAbility

4Overall SnackAbility
Jobs 4/10
Housing 5/10
Affordability 8/10
Diversity 6/10
Safety 4/10
Amenities 6/10
Education 5/10
Commute 9/10

Cost Of Living In Cities Around Madisonville

The cost of living varies in the cities and towns around Madisonville. Here's a quick look at the cost of living in the most populous nearby places:

  • Spring, TX has a cost of living index of 103, 1.2x Madisonville.

  • Oak Ridge, TN has a cost of living index of 95, 1.1x Madisonville.

  • Farragut, TN has a cost of living index of 123, 1.4x Madisonville.

City Population Cost Of Living Vs. Madisonville
Spring, TX 68,580 103 1.2x
Oak Ridge, TN 32,693 95 1.1x
Farragut, TN 24,634 123 1.4x
Seymour, TN 16,216 96 1.1x
Athens, TN 14,471 94 1.1x
Soddy-Daisy, TN 13,231 95 1.1x
Clinton, TN 10,239 94 1.1x
Fairfield Glade, TN 9,487 100 1.1x
South Cleveland, TN 7,452 92 1.0x
Sweetwater, TN 6,532 87 1.0x