Fayetteville, TN, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Fayetteville stands at 89, which is 11% below the national benchmark of 100. This reduction is primarily driven by the housing index, which is 25% lower than the national average. Other categories, such as groceries, utilities, transportation, healthcare, and miscellaneous expenses, also show a slight decrease or remain close to the average, making Fayetteville an attractive option for those seeking affordability.
Fayetteville, TN, offers a cost of living that is notably lower than the nationwide average. The housing index in Fayetteville stands at 75, which is 25% below the national average of 100. This suggests that housing costs in Fayetteville are significantly more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, the transportation index in Fayetteville is 95, which is 5% lower than the national average. This indicates that commuting and other transportation-related costs are slightly more economical in Fayetteville. Groceries, utilities, healthcare, and miscellaneous costs also show Fayetteville's affordability. Groceries are priced at 92, utilities at 88, healthcare at 97, and miscellaneous costs at 90. Each of these categories is within 8% of the national average, further highlighting the overall lower cost of living in Fayetteville, TN.
