Cost of Living in Cookeville, TN

Population 35,544 · Tennessee · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Cookeville cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $264,000, rents near $885 a month. A poverty rate near 22% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 55 miles east of Murfreesboro, Cookeville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 28% lower than Murfreesboro's $365,000.

Cost Overview

Housing 86
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cookeville

The median home value in Cookeville is $263,800 — 14% below the national median of $305,000. Median rent runs $885/month, 33% lower than the national median of $1,314/month. The median household income of $48,501/year is 35% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 64.6°F and lows of 44.3°F. Overall, Cookeville has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$263,800
14% below avg
Zillow Home Value
$313,119
Zillow ZHVI
Median Rent
$885/mo
33% below avg
Zillow Rent
$1,545/mo
Zillow ZORI
Price-to-Rent Ratio
24.8x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 41.2%
Renter-occupied 58.8%

💰 Estimated Monthly Budget

Rent median rent
$885
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,499/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.0 min
22% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
78.1%
Carpooled
9.5%
Public transit
0.3%
Walked
3.9%
Bicycle
0.1%
Work from home
7.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$48,501
35% below avg
Per Capita Income
$27,875
Unemployment Rate
4.3%
11% below avg
Poverty Rate
21.9%
Labor Force Participation
60.7%

🎓 Education

Bachelor's degree+ 20.5%
Graduate degree 14.8%

👥 Demographics

Median Age 29.6
Male median age 26.6
Female median age 32.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.6°F
Avg Low
44.3°F
Annual Precip
59"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 444856657379828277675647
Low °F 262936435260636255433529
Precip" 5.105.765.765.564.845.094.913.894.253.384.625.87

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
72.5%
Good air days/yr
109
Max AQI recorded
356
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
17.1:1
Student-teacher ratio
22
Public schools
11,916
Total enrollment

Frequently Asked Questions

What is the cost of living in Cookeville, TN?

Cookeville has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Cookeville, TN?

The median gross rent in Cookeville is $885 per month based on 2023 Census data.

What is the average home price in Cookeville?

The median home value in Cookeville is $263,800 according to Zillow and Census data.

What is the median income in Cookeville?

The median household income in Cookeville is $48,501 per year (2023 ACS 5-year estimates).

What is the sales tax in Cookeville, TN?

The combined state and local sales tax rate in Cookeville is 9.6%. Tennessee has no state income tax.

Is Cookeville, TN affordable?

Yes, Cookeville is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Cookeville?

Cookeville has average high temperatures of 64.6°F and average lows of 44.3°F. Annual precipitation is 59". Data from NOAA 1991–2020 Climate Normals.

Cookeville at a Glance

Population
35,544
Median Income
$48,501
Home Value
$263,800
Median Rent
$885/mo
Unemployment
4.3%
Avg High Temp
64.6°F
Sales Tax
9.6%
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