Cost of Living in Sneedville, TN

With a cost of living index of 56, Sneedville, TN is one of the most affordable cities in the country. Living here is 44% cheaper than the national average and 24% below the Tennessee state average of 80. Sneedville is a small community of 1,649 residents.

Housing costs are the biggest factor in Sneedville's cost of living. The median monthly rent is $614 (53% below the US median of $1,319), and the median home value sits at $97,900 (68% below the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Sneedville is $23,482, which is 69% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Kingsport-Bristol, TN-VA (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.