Retirement Lists

Lebanon, Tennessee

The town square in Lebanon, TN with the Civil War memorial statue in the center of the square.

Planning a monthly budget

A local monthly estimate of $3,214 gives you the starting point, with housing taking the largest share.

Housing
$1,254
Utilities (in rent)
$231
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
$4,573

Good

Cost of Living for Couple
$4,412

Very Good

Typical 1BR Rent
$1,254

Very Good

Everyday expenses

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

Dining Out
$218/mo

Excellent

Need for a Car
Required
Property Taxes
Low

Good

Overall Feel
Moderate
Residents 65+ Below Poverty Level
10.9%
65+ Householder — Renter Occupied
23.1%
65+ Households With High Housing Costs
34.5%
Median Household Income, Householder 65+
$53,430

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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