Munford, TN Cost Of Living

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

Cost of living in Munford, Tennessee

Cost of living in Munford 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 Munford 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:

102 Cost of living index 1.0x higher vs US
#81 Cheapest in Tennessee (of 109)
#2,732 Cheapest in the U.S. (of 6,489)
$287,684 Median home value
$1,176 Median rent
$89,531 Median income
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What is the cost of living in Munford, TN?

According to the most recent data on the cost of living, Munford has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

Compared to Tennessee, Munford has a cost of living index that's 1.1x higher than Tennessee's index of 94.

The standard of living in Munford ranks as #81 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Munford ranks as the #28 most expensive place in the Volunteer State.

For more reading on life in Munford, check out:

Munford Cost Of Living Vs. Tennessee

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

  • The Services index in Munford is 98.

  • The Groceries index in Munford is 96.

  • The Health index in Munford is 110.

  • The Housing index in Munford is 97.

  • The Transportation index in Munford is 97.

  • The Utilities index in Munford is 99.

Living Expense Munford Tennessee National Average
Overall 102 94 100
Services 98 99 100
Groceries 96 96 100
Health 110 82 100
Housing 97 95 100
Transportation 97 99 100
Utilities 99 98 100

Munford Cost Of Living Compared To Tennessee Averages

Services
Munford 98
Tennessee avg 99
Groceries
Munford 96
Tennessee avg 96
Health
Munford 110
Tennessee avg 82
Housing
Munford 97
Tennessee avg 95
Transportation
Munford 97
Tennessee avg 99
Utilities
Munford 99
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

Munford, TN Housing Cost Breakdown

$287,684Median Home Value
$1,176Median Rent
$89,531Median 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 Munford is $287,684.

  • The Median Rent in Munford is $1,176.

  • The Median Income in Munford is $89,531.

  • The Home Value To Income in Munford is 3.2x.

  • The Rent To Monthly Income in Munford is 0.16x.

Statistic Munford Tennessee United States
Median Home Value $287,684 $333,650 $332,700
Median Rent $1,176 $1,189 $1,413
Median Income $89,531 $69,595 $80,734
Home Value To Income 3.2x 4.8x 4.1x
Rent To Monthly Income 0.16x 0.21x 0.21x

Munford, TN Costs By Category

Detailed Munford Services costs vs. Tennessee
Item Munford Tennessee
Shampoo $1.11 $1.28
Movie $11.99 $12.13
Bowling $13.75 $18
Haircut $26.94 $24.26
Beauty Salon $41.92 $45.56
Detailed Munford Groceries costs vs. Tennessee
Item Munford Tennessee
Ground Beef $6.1 $5.84
Fried Chicken $1.46 $1.57
Milk $4.71 $4.67
Potatoes $5.15 $4.93
Pizza $10.66 $12.09
Beer $9.95 $10.41
Toothpaste $3.62 $3.7
Detailed Munford Health costs vs. Tennessee
Item Munford Tennessee
Optometrist $77.39 $125.68
Doctor $124.94 $135.78
Dentist $91.51 $113.29
Detailed Munford Transportation costs vs. Tennessee
Item Munford Tennessee
Gasoline $3.14 $3.46
Tire Balancing $55.67 $59.92
Detailed Munford Utilities costs vs. Tennessee
Item Munford Tennessee
All Electricity $163.38 $193.99
Phone $192.72 $192.25

Munford SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 8/10
Affordability 8/10
Diversity 8/10
Safety 7/10
Amenities 7/10
Education 6/10
Commute 4/10

Cost Of Living In Cities Around Munford

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

  • Bartlett, TN has a cost of living index of 102, 1.0x Munford.

  • Arlington, TN has a cost of living index of 115, 1.1x Munford.

  • Lakeland, TN has a cost of living index of 113, 1.1x Munford.

City Population Cost Of Living Vs. Munford
Bartlett, TN 56,876 102 1.0x
Arlington, TN 15,205 115 1.1x
Lakeland, TN 14,192 113 1.1x
Millington, TN 11,289 90 0.9x
Atoka, TN 10,385 103 1.0x
Covington, TN 8,587 90 0.9x