Cost of Living in Lakewood Park, TN

With a cost of living index of 99, Lakewood Park, TN is right around the national average in cost. Living here is 1% cheaper than the national average and 19% above the Tennessee state average of 80. Lakewood Park is a small community of 1,016 residents.

The median household income in Lakewood Park is $39,167, which is 48% lower than the national median of $75,149.

Everyday prices in the Nashville-Davidson--Murfreesboro--Franklin, 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.