Cost of Living in Crab Orchard, TN

With a cost of living index of 62, Crab Orchard, TN is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 18% below the Tennessee state average of 80. Crab Orchard is a small community of 834 residents.

Housing costs are the biggest factor in Crab Orchard's cost of living. The median monthly rent is $625 (53% below the US median of $1,319), and the median home value sits at $137,900 (55% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Crab Orchard is $44,708, which is 41% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.