Cost of Living in Dayton, TN

Population 7,191 · Tennessee · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dayton is a smaller Tennessee community of around 7000 residents, where median household incomes of $56,692 and housing costs ($152,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Located 35 miles northeast of Chattanooga, Dayton falls within that metro's commuting orbit. Median home values run roughly 41% lower than Chattanooga's $259,000.

Cost Overview

Housing 50
Rent 61

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

About the Cost of Living in Dayton

The median home value in Dayton is $152,200 — 50% below the national median of $305,000. Median rent runs $807/month, 39% lower than the national median of $1,314/month. The median household income of $56,692/year is 24% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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 65.3°F and lows of 45.4°F. Overall, Dayton has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$152,200
50% below avg
Zillow Home Value
$256,923
Zillow ZHVI
Median Rent
$807/mo
39% below avg
Price-to-Rent Ratio
15.7x
Favors buying
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 51.6%
Renter-occupied 48.4%

💰 Estimated Monthly Budget

Rent median rent
$807
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,421/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
6.0%

Commute Mode

Drove alone
76.6%
Carpooled
14.6%
Walked
1.1%
Work from home
6.0%

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
$56,692
24% below avg
Per Capita Income
$25,846
Unemployment Rate
2.5%
48% below avg
Poverty Rate
20.3%
Labor Force Participation
52.8%

🎓 Education

Bachelor's degree+ 14.2%
Graduate degree 5.8%

👥 Demographics

Median Age 39.7
Male median age 38.8
Female median age 40.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.3°F
Avg Low
45.4°F
Annual Precip
57.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 444856667480838377685647
Low °F 263036445360646357453630
Precip" 4.955.135.445.475.184.935.463.614.143.144.745.34

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
8
Public schools
5,104
Total enrollment

Frequently Asked Questions

What is the cost of living in Dayton, TN?

Dayton has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Dayton, TN?

The median gross rent in Dayton is $807 per month based on 2023 Census data.

What is the average home price in Dayton?

The median home value in Dayton is $152,200 according to Zillow and Census data.

What is the median income in Dayton?

The median household income in Dayton is $56,692 per year (2023 ACS 5-year estimates).

What is the sales tax in Dayton, TN?

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

Is Dayton, TN affordable?

Yes, Dayton is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

What is the weather like in Dayton?

Dayton has average high temperatures of 65.3°F and average lows of 45.4°F. Annual precipitation is 57.5". Data from NOAA 1991–2020 Climate Normals.

Dayton at a Glance

Population
7,191
Median Income
$56,692
Home Value
$152,200
Median Rent
$807/mo
Unemployment
2.5%
Avg High Temp
65.3°F
Sales Tax
9.6%
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Explore county-level cost of living data

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