Cost of Living in Livingston, TN

With a cost of living index of 65, Livingston, TN is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 15% below the Tennessee state average of 80. Livingston is a small community of 3,957 residents.

Housing costs are the biggest factor in Livingston's cost of living. The median monthly rent is $778 (41% below the US median of $1,319), and the median home value sits at $115,600 (62% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Livingston is $35,997, which is 52% lower than the national median of $75,149. Residents spend roughly 26% 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.

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.