Cost of Living in Huntsville, TN
Population: 1,632 | Tennessee
Huntsville is 24% less expensive than the national average.
Cost of Living in Huntsville, TN: What You Need to Know
With a cost of living index of 76, Huntsville, TN is a very affordable place to live. Living here is 24% cheaper than the national average and 4% below the Tennessee state average of 80. Huntsville is a small community of 1,632 residents.
The median household income in Huntsville is $27,266, which is 64% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Knoxville, TN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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.
Income
- Median Household Income
- $27,266
- vs US Median ($75,149)
- -64%
Housing
- Median Rent
- $625/mo
- Median Monthly Housing Cost
- $541/mo
Everyday Prices in Huntsville
BLS Average Prices for the Knoxville, TN (Metropolitan Statistical Area) area