The cost of living index in Lawrenceburg, TN, is notably lower than the nationwide average, which is set at 100. Specifically, the overall cost of living in Lawrenceburg stands at 85, reflecting a 15% reduction compared to the national average. This lower index is primarily driven by more affordable housing costs, which are 25% below the national average.
The cost of living in Lawrenceburg, TN, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Lawrenceburg stand at 75, indicating that residents can expect to pay 25% less than the national average for housing. This lower cost can be particularly attractive to job seekers looking for affordable living options.
In other areas, Lawrenceburg also offers competitive prices. Groceries are priced at 90, meaning they are 10% less expensive than the national average. Utilities cost 85, which is 15% below the average. Transportation costs are at 80, offering a 20% savings. Healthcare costs are slightly higher at 95, but only by 5% compared to the national average. Miscellaneous expenses are at 88, which is 12% lower. Overall, Lawrenceburg provides a cost-effective living environment for many essential expenses.
