Cost of Living in New Deal, TN

With a cost of living index of 94, New Deal, TN is slightly more affordable than average. Living here is 6% cheaper than the national average and 13% above the Tennessee state average of 80. New Deal is a small community of 214 residents.

The median household income in New Deal is $57,250, which is 24% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.