Cost of Living in Lake Tansi, TN
Population 4,562 · Tennessee · Data vintage 2023
(100 = US avg)
Lake Tansi skews considerably older than the national median, with an average age of 59. Reported household income of $56,078 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.
Located 55 miles north of Chattanooga, Lake Tansi is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 10% lower than Chattanooga's $259,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Tansi
The median home value in Lake Tansi is $233,700 — 23% below the national median of $305,000. Median rent runs $779/month, 41% lower than the national median of $1,314/month. The median household income of $56,078/year is 25% lower than the US median of $74,580. The local unemployment rate is 2.9%, 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, Lake Tansi has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.
Lake Tansi has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 44 | 48 | 56 | 66 | 74 | 80 | 83 | 83 | 77 | 68 | 56 | 47 |
| Low °F | 26 | 30 | 36 | 44 | 53 | 60 | 64 | 63 | 57 | 45 | 36 | 30 |
| Precip" | 4.95 | 5.13 | 5.44 | 5.47 | 5.18 | 4.93 | 5.46 | 3.61 | 4.14 | 3.14 | 4.74 | 5.34 |
Frequently Asked Questions
What is the cost of living in Lake Tansi, TN?
Lake Tansi has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Lake Tansi, TN?
The median gross rent in Lake Tansi is $779 per month based on 2023 Census data.
What is the average home price in Lake Tansi?
The median home value in Lake Tansi is $233,700 according to 2023 Census ACS data.
What is the median income in Lake Tansi?
The median household income in Lake Tansi is $56,078 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Tansi, TN?
The combined state and local sales tax rate in Lake Tansi is 9.6%. Tennessee has no state income tax.
Is Lake Tansi, TN affordable?
Yes, Lake Tansi is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
What is the weather like in Lake Tansi?
Lake Tansi 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.
Lake Tansi at a Glance
- Population
- 4,562
- Median Income
- $56,078
- Home Value
- $233,700
- Median Rent
- $779/mo
- Unemployment
- 2.9%
- Avg High Temp
- 65.3°F
- Sales Tax
- 9.6%
Nearby Cities
Explore county-level cost of living data
Tennessee Rankings
Similar Cost Cities
Cities in other states with comparable housing costs