Cost of Living in Wartburg, TN
Population: 1,266 | Tennessee
Wartburg is 33% less expensive than the national average.
Cost of Living in Wartburg, TN: What You Need to Know
With a cost of living index of 67, Wartburg, TN is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 13% below the Tennessee state average of 80. Wartburg is a small community of 1,266 residents.
Housing costs are the biggest factor in Wartburg's cost of living. The median monthly rent is $658 (50% below the US median of $1,319), and the median home value sits at $181,000 (41% below the national median of $304,900). At current prices, the median home costs roughly 7.3x the median household income — a challenging ratio that puts homeownership out of reach for many residents.
The median household income in Wartburg is $24,833, which is 67% lower than the national median of $75,149. Residents spend roughly 32% 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 Knoxville, 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.
Income
- Median Household Income
- $24,833
- vs US Median ($75,149)
- -67%
Housing
- Median Rent
- $658/mo
- Median Home Value
- $181,000
- Median Monthly Housing Cost
- $668/mo
Everyday Prices in Wartburg
BLS Average Prices for the Knoxville, TN (Metropolitan Statistical Area) area