Joelton, TN, presents a favorable cost of living compared to the nationwide average, which is indexed at 100. Specifically, housing costs in Joelton are 15% lower, making it a more affordable option for residents. Additionally, the grocery, utility, transportation, and miscellaneous categories are only marginally lower or comparable, ensuring a balanced living experience.
The healthcare cost index in Joelton matches the national average, providing residents with peace of mind regarding medical expenses. Overall, with most indices ranging from 90% to 95% of the national average, Joelton offers a cost-effective living environment without compromising on essential services.
In Joelton, TN, the cost of living is generally lower than the nationwide average, which is set at 100. One significant aspect to note is housing, which in Joelton stands at 85. This means that housing costs are 15% lower than the national average. Lower housing costs can be a significant advantage for individuals and families looking to purchase or rent homes, as it can leave more disposable income for other necessities.
When examining other areas, Joelton continues to show a favorable comparison. Groceries in Joelton are priced at 95, only 5% below the national average. Utilities also closely match the national average, sitting at 95. Transportation costs in Joelton are slightly lower, at 90, which is 10% below the national average. Healthcare costs remain at par with the national average, set at 100. Miscellaneous expenses in Joelton are slightly lower, at 92, which is 8% below the national average. Overall, these figures suggest that residents of Joelton can expect to spend less on various aspects of living compared to the national average.
