Cost of living in Pigeon Forge 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 Pigeon Forge 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:
The cost of living index in Pigeon Forge is 93, with 100 being the average.
The cost of living index in Pigeon Forge is 0.9x lower than the national average.
Pigeon Forge ranks as the #64 cheapest in Tennessee out of 109.
Pigeon Forge ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Pigeon Forge is $415,369.
The median income in Pigeon Forge is $53,839.
According to the most recent data on the cost of living, Pigeon Forge has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Pigeon Forge has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Pigeon Forge ranks as #64 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Pigeon Forge ranks as the #45 most expensive place in the Volunteer State.
For more reading on life in Pigeon Forge, check out:
Six factors go into calculating the cost of living index in Pigeon Forge. Here is how it fairs on each of the criteria:
The Services index in Pigeon Forge is 90.
The Groceries index in Pigeon Forge is 100.
The Health index in Pigeon Forge is 89.
The Housing index in Pigeon Forge is 92.
The Transportation index in Pigeon Forge is 90.
The Utilities index in Pigeon Forge is 93.
| Living Expense | Pigeon Forge | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 93 | 90 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 89 | 87 | 100 | |
| Housing | 92 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 93 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Pigeon Forge is $415,369.
The Median Rent in Pigeon Forge is $953.
The Median Income in Pigeon Forge is $53,839.
The Home Value To Income in Pigeon Forge is 7.7x.
The Rent To Monthly Income in Pigeon Forge is 0.21x.
| Statistic | Pigeon Forge | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $415,369 | $330,598 | $303,400 |
| Median Rent | $953 | $1,122 | $1,348 |
| Median Income | $53,839 | $67,097 | $78,538 |
| Home Value To Income | 7.7x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
| Item | Pigeon Forge | 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 |
| Item | Pigeon Forge | 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 |
| Item | Pigeon Forge | Tennessee |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $112.0 | $135.78 |
| Dentist | $92.27 | $113.29 |
| Item | Pigeon Forge | Tennessee |
|---|---|---|
| Gasoline | $3.11 | $3.46 |
| Tire Balancing | $52.8 | $59.92 |
| Item | Pigeon Forge | Tennessee |
|---|---|---|
| All Electricity | $173.24 | $193.99 |
| Phone | $192.18 | $192.25 |
The cost of living varies in the cities and towns around Pigeon Forge. 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 89, 1.0x Pigeon Forge.
Oak Ridge, TN has a cost of living index of 91, 1.0x Pigeon Forge.
Morristown, TN has a cost of living index of 84, 0.9x Pigeon Forge.
| City | Population | Cost Of Living | Vs. Pigeon Forge |
|---|---|---|---|
| Knoxville, TN | 193,721 | 89 | 1.0x |
| Oak Ridge, TN | 32,088 | 91 | 1.0x |
| Morristown, TN | 30,983 | 84 | 0.9x |
| Farragut, TN | 24,309 | 119 | 1.3x |
| Sevierville, TN | 18,105 | 96 | 1.0x |
| Seymour, TN | 15,914 | 94 | 1.0x |
| Alcoa, TN | 11,635 | 86 | 0.9x |
| Waynesville, NC | 10,408 | 96 | 1.0x |
| Clinton, TN | 10,141 | 91 | 1.0x |