Cost of Living in Jamestown, TN

With a cost of living index of 54, Jamestown, TN is one of the most affordable cities in the country. Living here is 46% cheaper than the national average and 27% below the Tennessee state average of 80. Jamestown is a small community of 2,156 residents.

Housing costs are the biggest factor in Jamestown's cost of living. The median monthly rent is $446 (66% below the US median of $1,319), and the median home value sits at $96,000 (69% below the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Jamestown is $24,688, which is 67% lower than the national median of $75,149. Residents spend roughly 22% 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.