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Cost of Living in Cookeville, TN

Population 36,088 · Census ACS 2020–2024 5-year estimates

Median rent$917
Median home value$305,400
Median household income$51,375

The median rent in Cookeville, TN is $917/month, 23% lower than the Tennessee median and 35% lower than the U.S. median. The median home value is $305,400, 8% lower than the national median. Households earn a median of $51,375 a year, 26% lower than the state median.

Affordability

Rent as a share of median income: 21.4%
Income needed for median rent (30% rule): $36,680/yr
Home price-to-income ratio: 5.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,544/mo

Run your own numbers: mortgage calculator · hourly to salary

Cookeville vs. Tennessee vs. U.S.

CookevilleTennesseeU.S.
Median rent$917$1,189$1,413
Median home value$305,400$286,700$332,700
Median household income$51,375$69,595$80,734
Homeownership rate41.1%66.9%65.2%
Bachelor's degree or higher34.8%31.1%35.7%
Poverty rate23.5%13.8%12.5%
Unemployment rate3.8%4.7%5.2%
Work from home10.7%12.9%15.1%
Median age29.838.938.9

FAQ

What is the average rent in Cookeville, TN?

The median gross rent in Cookeville, TN is $917 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Cookeville, TN?

Using the common 30% rule, renting a median-priced home takes about $36,680 a year in gross income.

Is Cookeville, TN expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 5.9 times the median household income.

Other cities in Tennessee

Nashville-Davidson metropolitan government, TNRent $1,586 · Income $77,371Memphis, TNRent $1,181 · Income $51,736Knoxville, TNRent $1,191 · Income $54,039Chattanooga, TNRent $1,256 · Income $64,523Clarksville, TNRent $1,307 · Income $69,303Murfreesboro, TNRent $1,481 · Income $80,108

Cities with a similar cost of living

Richmond, KYRent $917 · Income $50,870Brownsville, TXRent $923 · Income $52,130Auburn, NYRent $897 · Income $51,052Searcy, ARRent $905 · Income $52,170Sandusky, OHRent $905 · Income $50,139Pascagoula, MSRent $894 · Income $52,222

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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