Oak Ridge, TN Cost Of Living

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

Cost of living in Oak Ridge, Tennessee

Cost of living in Oak Ridge 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 Oak Ridge 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:

95 Cost of living index 0.9x lower vs US
#63 Cheapest in Tennessee (of 109)
#1,818 Cheapest in the U.S. (of 6,489)
$322,989 Median home value
$1,131 Median rent
$72,311 Median income
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What is the cost of living in Oak Ridge, TN?

According to the most recent data on the cost of living, Oak Ridge has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.

Compared to Tennessee, Oak Ridge has a cost of living index that's 1.0x higher than Tennessee's index of 94.

The standard of living in Oak Ridge ranks as #63 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Oak Ridge ranks as the #46 most expensive place in the Volunteer State.

For more reading on life in Oak Ridge, check out:

Oak Ridge Cost Of Living Vs. Tennessee

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

  • The Services index in Oak Ridge is 96.

  • The Groceries index in Oak Ridge is 98.

  • The Health index in Oak Ridge is 89.

  • The Housing index in Oak Ridge is 94.

  • The Transportation index in Oak Ridge is 95.

  • The Utilities index in Oak Ridge is 97.

Living Expense Oak Ridge Tennessee National Average
Overall 95 94 100
Services 96 99 100
Groceries 98 96 100
Health 89 82 100
Housing 94 95 100
Transportation 95 99 100
Utilities 97 98 100

Oak Ridge Cost Of Living Compared To Tennessee Averages

Services
Oak Ridge 96
Tennessee avg 99
Groceries
Oak Ridge 98
Tennessee avg 96
Health
Oak Ridge 89
Tennessee avg 82
Housing
Oak Ridge 94
Tennessee avg 95
Transportation
Oak Ridge 95
Tennessee avg 99
Utilities
Oak Ridge 97
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

Oak Ridge, TN Housing Cost Breakdown

$322,989Median Home Value
$1,131Median Rent
$72,311Median 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 Oak Ridge is $322,989.

  • The Median Rent in Oak Ridge is $1,131.

  • The Median Income in Oak Ridge is $72,311.

  • The Home Value To Income in Oak Ridge is 4.5x.

  • The Rent To Monthly Income in Oak Ridge is 0.19x.

Statistic Oak Ridge Tennessee United States
Median Home Value $322,989 $333,650 $332,700
Median Rent $1,131 $1,189 $1,413
Median Income $72,311 $69,595 $80,734
Home Value To Income 4.5x 4.8x 4.1x
Rent To Monthly Income 0.19x 0.21x 0.21x

Oak Ridge, TN Costs By Category

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

Oak Ridge SnackAbility

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

Cost Of Living In Cities Around Oak Ridge

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

  • Knoxville, TN has a cost of living index of 91, 1.0x Oak Ridge.

  • Farragut, TN has a cost of living index of 123, 1.3x Oak Ridge.

  • Clinton, TN has a cost of living index of 94, 1.0x Oak Ridge.

City Population Cost Of Living Vs. Oak Ridge
Knoxville, TN 195,185 91 1.0x
Farragut, TN 24,634 123 1.3x
Clinton, TN 10,239 94 1.0x
Kingston, TN 6,224 95 1.0x
Harriman, TN 6,090 85 0.9x