Cost of Living in Sewanee, TN

Population 3,000 · Tennessee · Data vintage 2023

110
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sewanee sits on the smaller end of the Tennessee city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 0.0% points to a labor market well on the tight side of the national distribution.

Sewanee is about 40 miles west of Chattanooga, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% higher than Chattanooga's $259,000.

Cost Overview

Housing 124
Rent 90

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

About the Cost of Living in Sewanee

The median home value in Sewanee is $377,200 — 24% above the national median of $305,000. Median rent runs $1,186/month, 10% lower than the national median of $1,314/month. The median household income of $128,295/year is 72% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. Overall, Sewanee has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$377,200
24% above avg
Zillow Home Value
$481,975
Zillow ZHVI
Median Rent
$1,186/mo
10% below avg
Price-to-Rent Ratio
26.5x
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 80.2%
Renter-occupied 19.8%

💰 Estimated Monthly Budget

Rent median rent
$1,186
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,800/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
14.1 min
48% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
40.1%
Carpooled
8.3%
Walked
32.9%
Bicycle
7.9%
Work from home
10.8%

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
$128,295
72% above avg
Per Capita Income
$27,716
Unemployment Rate
0.0%
100% below avg
Poverty Rate
11.2%
Labor Force Participation
51.9%

🎓 Education

Bachelor's degree+ 35.1%
Graduate degree 44.6%

👥 Demographics

Median Age 21.7
Male median age 21.7
Female median age 21.6

Frequently Asked Questions

What is the cost of living in Sewanee, TN?

Sewanee has a cost index of 110 (100 = national average). It is 10% above the national average.

What is average rent in Sewanee, TN?

The median gross rent in Sewanee is $1,186 per month based on 2023 Census data.

What is the average home price in Sewanee?

The median home value in Sewanee is $377,200 according to Zillow and Census data.

What is the median income in Sewanee?

The median household income in Sewanee is $128,295 per year (2023 ACS 5-year estimates).

What is the sales tax in Sewanee, TN?

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

Is Sewanee, TN affordable?

Sewanee is near the national average in terms of cost of living, with an index of 110 (100 = US average).