The cost of living index in Cordova, TN, shows a mixed picture when compared to the nationwide average, which is set at 100. Housing in Cordova stands at 90, indicating that it is 10% less expensive than the national average. Utilities are also slightly lower, with an index of 85, suggesting a 15% reduction in cost.
Other areas, however, present a different picture. Groceries in Cordova have an index of 95, reflecting a 5% increase over the national average. Transportation is slightly higher at 97, meaning costs are 3% above the national average. Healthcare, at 90, mirrors the housing costs, remaining 10% lower. Miscellaneous costs sit at 92, showing a modest 8% increase. Overall, Cordova offers some savings in key areas but has higher costs in others.
The cost of living index in Cordova, Tennessee, provides an insightful comparison to the nationwide average, which is set at 100. According to the latest data, Cordova’s overall cost of living stands slightly below this benchmark. This indicates that residents in Cordova typically spend less on their daily expenses when compared to the national average.
Specifically, the housing index in Cordova is 90, which means housing costs are 10% lower than the national average. Grocery costs, slightly above the average at 95, show minimal difference. Utilities in Cordova are notably cheaper at 85, reflecting a 15% savings. Transportation costs are marginally higher at 97, suggesting a minor increase of 3%. Healthcare and miscellaneous expenses both align closely with the national average at 90 and 92, respectively. This detailed analysis highlights that Cordova offers some financial benefits in key areas, particularly housing and utilities.