The cost of living index in East Ridge, TN, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in East Ridge is 89, reflecting a 11% decrease from the national average. This reduction is primarily due to lower housing costs, which stand at 85, a 15% decrease. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to this lower index, making East Ridge an attractive option for budget-conscious job seekers.
The cost of living in East Ridge, TN, is notably lower than the nationwide average, which is set at 100. Housing costs in East Ridge stand at 85, which means residents pay 15% less than the average American. This lower housing expense can make it easier for individuals and families to find affordable living options.
Additionally, the grocery cost index in East Ridge is 95, indicating a 5% savings compared to the national average. Utilities also follow a similar trend, with an index of 90, meaning residents spend 10% less on utilities than the average person. Transportation costs are slightly lower, with an index of 88, reflecting an additional 12% savings. Healthcare costs in East Ridge are 92, which is 8% below the national average. Miscellaneous expenses, with an index of 89, show a 11% reduction. Overall, East Ridge offers a more affordable living experience in several key areas.