Erwin, TN, offers a cost of living that is generally lower than the nationwide average. Housing stands at 70, which is 30% below the average index of 100. Most categories, such as groceries and utilities, remain close to or slightly above the average, suggesting a balanced living environment.
Erwin, Tennessee, presents a cost of living that is notably lower than the nationwide average, which is set at 100. When comparing various categories, the housing index in Erwin stands at 70, reflecting that housing costs are 30% lower than the national average. This makes Erwin an attractive option for those seeking more affordable living arrangements without sacrificing quality of life.
Additionally, the grocery index in Erwin is 85, which is 15% below the national average. This affordability extends to other areas as well. For instance, the utilities index is 90, suggesting that costs are only 10% above the national average. Transportation costs are slightly below the average, with an index of 80, providing a 20% saving. Healthcare services are priced at 95, which is 5% higher than the national average. Miscellaneous expenses, however, are just 2% below the national average, with an index of 88. Altogether, these indices paint a picture of Erwin as a place where several key living expenses are more budget-friendly than the national average.