The cost of living index in Collegedale, TN, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Collegedale are 15% below the national average, while groceries, utilities, and miscellaneous expenses are slightly below or close to the average. Transportation costs are 3% higher, and healthcare costs match the national average. This data suggests that living in Collegedale can be more affordable in some areas while being slightly higher in others.
The cost of living index in Collegedale, TN, reveals a range of expenses compared to the nationwide average, which is set at 100. Housing costs in Collegedale stand at 85, indicating that residents spend 15% less on housing than the national average. This lower housing cost can be a significant advantage for those looking to settle in Collegedale, as it provides a more affordable option for housing expenses.
Other expenses in Collegedale also show variations from the national average. Groceries cost 95, which is 5% less than the national average. Utilities are at 90, meaning 10% less is spent on utilities compared to the average. Transportation costs are slightly higher, at 97, which is 3% more than the national average. Healthcare costs remain the same as the national average, with an index of 100. Miscellaneous expenses are at 92, which is 8% less than the national average. Overall, Collegedale offers a mix of lower and slightly higher costs, making it a competitive option for those considering relocation.