What is the cost of living in McKenzie, TN?
According to the most recent data on the cost of living, McKenzie has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Tennessee, McKenzie has a cost of living index that's 0.9x lower than Tennessee's index of 94.
The standard of living in McKenzie ranks as #15 most affordable out of the 109 places we measured in Tennessee. By definition, that implies McKenzie ranks as the #94 most expensive place in the Volunteer State.
For more reading on life in McKenzie, check out:
McKenzie Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in McKenzie. Here is how it fares on each of the criteria:
The Services index in McKenzie is 101.
The Groceries index in McKenzie is 98.
The Health index in McKenzie is 60.
The Housing index in McKenzie is 92.
The Transportation index in McKenzie is 97.
The Utilities index in McKenzie is 97.
| Living Expense | McKenzie | Tennessee | National Average |
|---|---|---|---|
| Overall | 87 | 94 | 100 |
| Services | 101 | 99 | 100 |
| Groceries | 98 | 96 | 100 |
| Health | 60 | 82 | 100 |
| Housing | 92 | 95 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 97 | 98 | 100 |
McKenzie Cost Of Living Compared To Tennessee Averages
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 McKenzie Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
McKenzie, 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 2020-2024. The key points are:
The Median Home Value in McKenzie is $189,717.
The Median Rent in McKenzie is $663.
The Median Income in McKenzie is $37,236.
The Home Value To Income in McKenzie is 5.1x.
The Rent To Monthly Income in McKenzie is 0.21x.
McKenzie, TN Costs By Category
Detailed McKenzie Services costs vs. Tennessee
Detailed McKenzie Groceries costs vs. Tennessee
Detailed McKenzie Health costs vs. Tennessee
Detailed McKenzie Transportation costs vs. Tennessee
Mckenzie SnackAbility
Cost Of Living In Cities Around McKenzie
The cost of living varies in the cities and towns around McKenzie. Here's a quick look at the cost of living in the most populous nearby places:
Jackson, TN has a cost of living index of 92, 1.1x McKenzie.
Murray, KY has a cost of living index of 92, 1.1x McKenzie.
Dyersburg, TN has a cost of living index of 89, 1.0x McKenzie.
| City | Population | Cost Of Living | Vs. McKenzie |
|---|---|---|---|
| Jackson, TN | 68,435 | 92 | 1.1x |
| Murray, KY | 18,080 | 92 | 1.1x |
| Dyersburg, TN | 15,979 | 89 | 1.0x |
| Martin, TN | 10,915 | 88 | 1.0x |
| Paris, TN | 10,338 | 88 | 1.0x |
| Milan, TN | 8,244 | 87 | 1.0x |
| Lexington, TN | 7,962 | 87 | 1.0x |
| Humboldt, TN | 7,787 | 84 | 1.0x |
| Henderson, TN | 6,411 | 84 | 1.0x |
