Cost of living in Ridgely, Tennessee

Ridgely, Tennessee has about 1,796 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $83,300.

HUD's fair-market rent for a 2-bedroom in Lake County is $995 a month. That is the county number, not an apartment listing in Ridgely. It runs from October 2026 through September 2027.

Tennessee's prices sit at 91.9 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Ridgely's exact store tax.

In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Ridgely's bill.

EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.

Among 278 places we list in Tennessee with a rent figure, 266 have higher typical rent than Ridgely.