Dayton, TN, has a cost of living index that is slightly below the nationwide average. Specifically, Dayton's cost of living index stands at 91, which is 9% lower than the national average of 100. Lower housing, groceries, and miscellaneous costs contribute to this reduced overall index. However, utilities and transportation costs are close to the national average, while healthcare costs are just a bit lower.
The cost of living index in Dayton, TN, provides valuable insights for those considering a move to this area. When comparing Dayton's index to the nationwide average of 100, several categories stand out. Housing in Dayton is notably lower, with an index of 85. This means that housing costs in Dayton are 15% lower than the national average. This represents a significant saving for potential residents, making it an attractive option for those looking to manage living expenses effectively.
Other areas also show a favorable comparison. Groceries and transportation costs in Dayton are close to the national average, at 92 and 95 respectively. This indicates that essential daily expenses remain relatively manageable. Utilities, healthcare, and miscellaneous costs are slightly above the average but not by much, with indices of 98, 90, and 88. Utilities are 2% higher, while healthcare and miscellaneous costs are slightly lower, by 10% and 12% respectively. Overall, Dayton offers a cost of living that is quite competitive and often more affordable than many other regions, making it a smart choice for budget-conscious individuals.