Fayetteville, TN, has a lower cost of living than the nationwide average. The city’s overall cost of living index is 88, which is 12% below the national average of 100. This lower cost makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and job seekers.
Fayetteville, TN, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Among the various categories, housing stands out with an index of 85, indicating that residents can expect to spend 15% less on housing compared to the average American. This lower housing index makes Fayetteville an attractive option for those seeking affordability without sacrificing quality of life.
In other areas, Fayetteville also provides savings. For groceries, the index is 95, which is 5% lower than the nationwide average. Utilities cost 10% less, with an index of 90, and transportation costs are 20% lower at an index of 80. These figures reflect a generally favorable cost structure, making daily expenses more manageable. Healthcare costs, while slightly above the average at an index of 92, still represent only a modest 8% increase. Additionally, miscellaneous expenses show an index of 88, indicating an 12% savings in this category. Overall, Fayetteville presents a compelling case for those looking to balance cost efficiency with a good quality of life.
