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Tennessee

Cost of living in Monroe County, TN

Estimated monthly cost
$2,527/mo
for a single person, all categories combined

Population 47,054 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $736 29%
Healthcare $480 19%
Federal tax $428 17%
Transport $320 13%
Groceries $317 13%
Energy $191 8%
Water $55 2%
State tax $0 0%

Rent in Monroe County

Fair Market Rents by bedroom count.

Studio
$661
per month
1 bedroom
$736
per month
2 bedroom
$899
per month
3 bedroom
$1,251
per month
4 bedroom
$1,285
per month

Source: HUD FMR FY2025

Income and earnings in Monroe County

Annual earnings figures from the Census ACS.

Household income
$56,648
per year
Individual earnings
$36,258
per year
Per capita
$29,107
per year

Source: ACS 2019-2023 5-Year.

Home values in Monroe County

Average values reported by homeowners.

Average home value
$199,700
Annual property tax
$887

Source: ACS 2019-2023 5-Year

Energy costs in Monroe County

Estimated monthly electricity and gas costs.

Electricity
$147
per month · 13.4¢/kWh
Natural gas
$44
per month
Annual total
$2,292
per year

Source: EIA

Healthcare in Monroe County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
11.9%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Monroe County

State and local tax rates for Tennessee.

No state income tax
Tennessee does not levy a personal income tax.
State sales tax
7.0%
Combined sales tax
9.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Monroe County

Commute patterns and estimated costs.

Average commute
28.8 min
Drive alone
80.9%
Public transit
0.3%
Work from home
6.8%

Source: ACS

Monthly cost estimates for Monroe County

What it costs to live in Monroe County each month.

Single person
$2,527
per month
  • Rent $736
  • Energy $191
  • Water $55
  • Groceries $317
  • Transport $320
  • Healthcare $480
  • Federal tax $428
  • State tax $0
Couple
$3,599
per month
  • Rent $899
  • Energy $229
  • Water $65
  • Groceries $525
  • Transport $420
  • Healthcare $864
  • Federal tax $597
  • State tax $0
Family
$6,076
per month
  • Rent $1,251
  • Energy $286
  • Water $75
  • Groceries $797
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $597
  • State tax $0

Frequently asked questions about Monroe County

Common questions about cost of living, rent and salary.

What is the average rent in Monroe County?

In Monroe County, TN, a one-bedroom apartment averages $736 per month, a two-bedroom averages $899 per month, a three-bedroom averages $1,251 per month, according to HUD Fair Market Rent data.

What is the average salary in Monroe County?

In Monroe County, TN, the average household income is $56,648 per year and individual earnings for full-time workers average $36,258 per year, according to U.S. Census Bureau data.

What is the cost of living in Monroe County?

The estimated cost of living in Monroe County, TN is approximately $2,527 per month for a single person, $3,599 for a couple, $6,076 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Monroe County?

The combined sales tax rate in Monroe County, TN is 9.55%, which includes the Tennessee state rate of 7.00% plus an average local rate of 2.55%.

Is Monroe County an affordable place to live?

Based on the data, a single person in Monroe County, TN would need approximately $2,527 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $56,648 per year ($4,721 per month). Monroe County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Monroe County?

The ACA marketplace benchmark premium in Monroe County, TN is approximately $480 per month for an individual. Approximately 11.9% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Monroe County?

The average home value in Monroe County, TN is $199,700, with average annual property taxes of $887, according to U.S. Census Bureau data.

How does Monroe County compare to other areas?

You can compare Monroe County, TN with any other US county using our comparison tool at /compare. Monroe County is in Tennessee.

Other counties in Tennessee

Browse the full list of counties in Tennessee, ranked by cost of living.

See all counties in Tennessee

Compare Monroe County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources