Cost of Living in Cleveland, TN
Cost of Living in Cleveland, TN has an overall index of 92, 8% below the U.S. baseline of 100. The typical home value is $305,821; typical monthly rent is $966; and median household income is $55,904.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Home prices are the main source of pressure. This describes the local market, not your household.
Can your household carry the housing cost?
Start with four decisions. Open advanced assumptions only when you need to replace the local defaults.
Enter your income and housing plan to see a household-specific estimate.
Compare Cleveland with another place.
Search one destination and see which housing and local-cost categories change most.
Inspect the numbers when you need them.
Other Tennessee cities with a useful tradeoff.
Recommendations require usable housing and income data and exclude very small places for a city of this scale.
Frequently asked questions about Cleveland
Living in Cleveland
Is Cleveland, TN an affordable place to live?+
Yes — everyday expenses in Cleveland run about 8% below the US average (Cost Index: 92). Housing is especially affordable: the median home is valued around $305,821, compared to the $303,400 national median. Monthly rent is $966, versus $1,348 nationally.
How does Cleveland fit a household housing budget?+
Start with housing. Typical monthly rent is $966, while local median household income is $55,904. That implies a rent-burden proxy of about 21% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Cleveland, TN?+
This model applies no broad Tennessee wage-income tax. Applying the 0.66% state-level effective owner-occupied proxy to a home worth $305,821 gives a planning estimate near $2,018 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 9.55%.
How much does it cost to rent in Cleveland, TN?+
The typical monthly rent in Cleveland is around $966. That's roughly 28% lower than the $1,348 national median. For comparison, the median home value here is $305,821, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Cleveland, TN?+
The typical home value in Cleveland is $305,821. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,484/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 50% of residents here own their homes.
Are groceries and utilities expensive in Cleveland?+
Grocery prices in Cleveland are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 72). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Cleveland, TN like to live in?+
Cleveland is a smaller city with a population of about 48,185. The median age of residents is 36.1, which is close to the national median. The local poverty rate is 17.39%, above the national average of 12.4%.