The cost of living index in Hohenwald, TN, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Hohenwald stands at 88, reflecting a 12% reduction compared to the national average. This lower cost is particularly evident in housing, which is 15% below the national average. Job seekers considering Hohenwald will find that their expenses for housing, groceries, and other essentials are generally more affordable.
The cost of living index in Hohenwald, Tennessee, shows a mix of affordability and expenses compared to the nationwide average. Housing costs in Hohenwald stand at 85, which is 15% lower than the national average. This suggests that residents can find housing that is more affordable, making it easier to manage living expenses. Groceries, another essential expense, have an index of 95, which is 5% higher than the national average. This indicates that the cost of food items is slightly above the average, though still manageable.
Utilities, transportation, healthcare, and miscellaneous costs also provide a clear picture of Hohenwald's cost of living. Utilities are at 90, which is 10% below the national average, offering some relief in household expenses. Transportation costs are at 92, just 2% higher than the national average, indicating that commuting and fuel costs are nearly on par with the rest of the country. Healthcare costs are at 88, which is 12% below the national average, suggesting that medical expenses are more affordable in Hohenwald. Finally, miscellaneous costs are at 80, which is 20% lower than the national average, making everyday expenses more budget-friendly. Overall, Hohenwald presents a cost of living that is generally lower than the national average, with some areas slightly higher, offering a balanced living experience.
