The cost of living in East Ridge, TN, is notably lower than the nationwide average. Housing costs 22% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly below the national average. The overall cost of living index for East Ridge stands at 88, indicating a 12% reduction compared to the national average of 100.
This lower cost of living makes East Ridge an attractive option for job seekers looking to maximize their budget. The reduced expenses in key areas such as housing, utilities, and healthcare provide significant savings, making it easier to maintain a comfortable lifestyle.
The cost of living in East Ridge, TN, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in East Ridge stand at 78, indicating that residents can expect to pay 22% less than the national average for housing. This lower housing expense can be a significant advantage for those relocating to the area, as it frees up more of their budget for other necessities and savings.
In other areas, East Ridge also shows competitive costs. Groceries, utilities, and transportation are slightly below the national average, with indices of 92, 94, and 90, respectively. This means residents spend 8% less on groceries, 6% less on utilities, and 10% less on transportation compared to the average American. Healthcare costs are also relatively lower, at 88, which translates to a 12% savings. Miscellaneous expenses, though slightly lower at 85, still offer a 15% reduction from the national average. Overall, East Ridge provides a cost-effective living environment for many of its residents.
