Collegedale, TN, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Collegedale stands at 91, which is 9% below the national average of 100. Housing and miscellaneous costs are notably lower, with indices of 85, reflecting a 15% reduction. This makes Collegedale an attractive option for those seeking cost-effective living without compromising on essential services.
The cost of living in Collegedale, TN, presents a favorable comparison to the nationwide average. Housing costs in Collegedale are notably lower, with an index of 85 compared to the national average of 100. This means residents can expect to spend about 15% less on housing than the average American. The lower housing costs make Collegedale an attractive option for those looking to manage their living expenses more effectively.
In addition to housing, groceries in Collegedale also show a slight advantage. The cost of groceries has an index of 95, which is 5% less than the national average. This small reduction can add up over time, providing additional savings for residents. Utilities, while slightly below the national average at 90, still offer a modest saving of 10%. Transportation costs in Collegedale align perfectly with the national average, offering no additional savings or costs. Healthcare and miscellaneous expenses also match the national average, ensuring no extra costs in these areas. Overall, Collegedale provides a cost-effective living environment with several areas offering savings compared to the national average.
