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Cost of Living in Spencer, TN

61.9
Very Affordable · National average is 100

Compare Cities

$41,042
Median Income
$567/mo
Median Rent
$119,600
Median Home
1,469
Population

Cost Breakdown

🏠Housing
67.8
0Nat'l Avg (100)200
🛒Groceries
55.6
0Nat'l Avg (100)200
🚗Transportation
60.8
0Nat'l Avg (100)200
🏥Healthcare
62
0Nat'l Avg (100)200
⚡Utilities
62.1
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$442
est.
$499
est.
$567$726
est.
$828
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Spencer with cities in the area

Sparta, TN
Very Affordable
75.6
Pikeville, TN
Very Affordable
67.2
McMinnville, TN
Very Affordable
67.3
Dunlap, TN
Very Affordable
71.7
Gruetli-Laager, TN
Very Affordable
70
Cookeville, TN
Affordable
85.7
Compare Spencer vs SpartaCompare Spencer vs PikevilleCompare Spencer vs McMinnville