Cost of Living in Cleveland, TN
2024 data from the Bureau of Economic Analysis
Cost Index
88.1
11.9% below avg
Housing Index
60.3
Median Income
$60,001
Median Rent
$894/mo
Cost Breakdown
Overall88.1 (-11.9%)
Housing60.3 (-39.7%)
Goods96.2 (-3.8%)
Utilities72.3 (-27.7%)
Other Services95.1 (-4.9%)
National average = 100
Income & Housing
Median Household Income
$60,001/year
Median Home Value
$197,400
Median Monthly Rent
$894/mo
Per Capita Income
$31,021/year
Compare Cleveland, TN With
Frequently Asked Questions
Is Cleveland, TN expensive to live in?
Cleveland, TN has a cost of living index of 88.1, which is 11.9% below the national average.
How much does housing cost in Cleveland, TN?
Housing costs in Cleveland, TN are indexed at 60.3 compared to the national average of 100. The median monthly rent is $894.
What is the average income in Cleveland, TN?
The median household income in Cleveland, TN is $60,001 per year.
What is the average home price in Cleveland, TN?
The median home value in Cleveland, TN is $197,400.