Savannah, TN Cost Of Living

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

Cost of living in Savannah, Tennessee

Cost of living in Savannah 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 Savannah 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:

87 Cost of living index 0.9x lower vs US
#15 Cheapest in Tennessee (of 109)
#600 Cheapest in the U.S. (of 6,489)
$196,053 Median home value
$758 Median rent
$39,712 Median income
Not sure Savannah fits your budget? Try our place-match quiz →

What is the cost of living in Savannah, TN?

According to the most recent data on the cost of living, Savannah has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

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

The standard of living in Savannah ranks as #15 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Savannah ranks as the #94 most expensive place in the Volunteer State.

For more reading on life in Savannah, check out:

Savannah Cost Of Living Vs. Tennessee

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

  • The Services index in Savannah is 101.

  • The Groceries index in Savannah is 97.

  • The Health index in Savannah is 65.

  • The Housing index in Savannah is 93.

  • The Transportation index in Savannah is 95.

  • The Utilities index in Savannah is 97.

Living Expense Savannah Tennessee National Average
Overall 87 94 100
Services 101 99 100
Groceries 97 96 100
Health 65 82 100
Housing 93 95 100
Transportation 95 99 100
Utilities 97 98 100

Savannah Cost Of Living Compared To Tennessee Averages

Services
Savannah 101
Tennessee avg 99
Groceries
Savannah 97
Tennessee avg 96
Health
Savannah 65
Tennessee avg 82
Housing
Savannah 93
Tennessee avg 95
Transportation
Savannah 95
Tennessee avg 99
Utilities
Savannah 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:

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

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

Savannah, TN Housing Cost Breakdown

$196,053Median Home Value
$758Median Rent
$39,712Median 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 Savannah is $196,053.

  • The Median Rent in Savannah is $758.

  • The Median Income in Savannah is $39,712.

  • The Home Value To Income in Savannah is 4.9x.

  • The Rent To Monthly Income in Savannah is 0.23x.

Statistic Savannah Tennessee United States
Median Home Value $196,053 $333,650 $332,700
Median Rent $758 $1,189 $1,413
Median Income $39,712 $69,595 $80,734
Home Value To Income 4.9x 4.8x 4.1x
Rent To Monthly Income 0.23x 0.21x 0.21x

Savannah, TN Costs By Category

Detailed Savannah Services costs vs. Tennessee
Item Savannah Tennessee
Shampoo $1.08 $1.28
Movie $11.93 $12.13
Bowling $12.5 $18
Haircut $24.01 $24.26
Beauty Salon $33.55 $45.56
Detailed Savannah Groceries costs vs. Tennessee
Item Savannah Tennessee
Ground Beef $5.94 $5.84
Fried Chicken $1.67 $1.57
Milk $4.54 $4.67
Potatoes $5.03 $4.93
Pizza $12.0 $12.09
Beer $9.74 $10.41
Toothpaste $3.74 $3.7
Detailed Savannah Health costs vs. Tennessee
Item Savannah Tennessee
Optometrist $127.08 $125.68
Doctor $138.39 $135.78
Dentist $86.67 $113.29
Detailed Savannah Transportation costs vs. Tennessee
Item Savannah Tennessee
Gasoline $3.15 $3.46
Tire Balancing $50.5 $59.92
Detailed Savannah Utilities costs vs. Tennessee
Item Savannah Tennessee
All Electricity $148.29 $193.99
Phone $192.18 $192.25

Savannah SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 4/10
Affordability 7/10
Diversity 7/10
Safety 3/10
Amenities 8/10
Education 5/10
Commute 9/10

Cost Of Living In Cities Around Savannah

The cost of living varies in the cities and towns around Savannah. 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 Savannah.

  • Florence, AL has a cost of living index of 88, 1.0x Savannah.

  • Muscle Shoals, AL has a cost of living index of 90, 1.0x Savannah.

City Population Cost Of Living Vs. Savannah
Jackson, TN 68,435 92 1.1x
Florence, AL 41,701 88 1.0x
Muscle Shoals, AL 16,951 90 1.0x
Corinth, MS 14,323 89 1.0x
Booneville, MS 9,246 89 1.0x
Lexington, TN 7,962 87 1.0x
Henderson, TN 6,411 84 1.0x
Bolivar, TN 5,144 87 1.0x