Retirement Lists

Cost of Living in Fayetteville, Tennessee

Town square in Fayetteville, Tennessee, United States
Photo by Ichabod via Wikimedia Commons, CC BY-SA 3.0

Fayetteville costs

A small-city budget needs the actual home, utilities, vehicle, and regional care visible

The catalog's 2024 ACS gross-rent anchors are $664 for one bedroom and $778 for two bedrooms, with a modeled local monthly estimate of $2,624. Add utilities, heating, cooling, insurance, maintenance, vehicle costs, fuel, groceries, prescriptions, Lincoln Medical Center care, and regional referrals.

Request recent utility history, rent or tax terms, roof and drainage records, insurance, internet, tree work, and the cost of a typical hospital and grocery loop. A lower housing figure can be offset by property work or longer regional travel.

Planning a monthly budget

A local monthly estimate of $2,624 gives you the starting point, with transportation taking the largest share.

Housing
$664
Utilities (in rent)
$233
Food
$460/mo
Transportation
$1,064/mo
Healthcare
$436

Utilities are included in housing so they are not added twice. The separate Utilities row is a reference estimate.

How the total can change

A traveler style stay, a couple household, and long term rent answer different planning questions.

Comfortable Living
$3,580

Very Good

Cost of Living for Couple
$3,951

Very Good

Typical 1BR Rent
$664

Excellent

Everyday expenses

Dining, transportation, taxes, and car needs can change how the monthly budget feels.

Dining Out
$228/mo

Very Good

Need for a Car
Required
Property Taxes
Low

Good

Overall Feel
Good
Residents 65+ Below Poverty Level
13.0%
65+ Householder — Renter Occupied
38.4%
65+ Households With High Housing Costs
31.9%
Median Household Income, Householder 65+
$53,625

Could Fayetteville fit your monthly retirement budget?

Compare your monthly budget with a city estimate. Add your expected housing amount when you have a more useful number.

Housing

Enter your expected rent and required housing charges, or leave this blank to use the current renter amount.

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Starting renter estimates

Use these broad monthly estimates as a starting point, then replace them with costs you know.

One person
$2,624 per month
Two people
$3,951 per month

One-person estimate breakdown

Housing
$664
Food
$460
Transportation
$1,064
Healthcare
$436

Taxes, debt, insurance, out-of-pocket care, travel, and one-time moving costs may not be included.

Fayetteville in everyday life

Could Fayetteville work for you?

What may work well

  • The catalog supplies clear planning rent anchors for the city.
  • Lincoln Medical Center, ambulance services, downtown, and local civic resources provide identifiable household anchors.

What to think about

  • Utilities, maintenance, vehicle use, regional care, weather, and property conditions can change the total substantially.
  • A home outside the center may add driving, road, phone, power, and service costs.

Price a Fayetteville household

  1. Compare several addresses

    Keep housing, utilities, insurance, heating, cooling, repairs, trees, internet, vehicle, and service distance visible.

  2. Map recurring care

    Price Lincoln Medical Center, pharmacy, groceries, specialists, referrals, fuel, parking, and weather routes.

  3. Reserve for storms and repairs

    Keep room for roof, drainage, trees, power, phone, heating, cooling, insurance, and a ride after difficult weather or care.

Questions retirees ask

Are $664 and $778 the full Fayetteville budget?

No. They are the catalog's 2024 ACS one-bedroom and two-bedroom gross-rent anchors. Add utilities, insurance, maintenance, vehicles, care, groceries, and regional travel.

Why do Fayetteville homes have different budgets?

Housing, utilities, heating, cooling, drainage, trees, insurance, vehicle use, and care distance vary by address.

Fayetteville affordability depends on the actual home, utilities, property work, vehicle plan, local care, regional referrals, and weekly services.

Sources

The budget value gives a starting point for everyday spending. Housing, healthcare, safety, and climate can change what feels comfortable for a household.

Housing mix, exchange rates, healthcare needs, car ownership, and travel style can move a real monthly budget materially.

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How this city research is made

Retirement Lists uses documented public sources and methods to research, review, and correct city information. Read our Editorial Policy.