Loudon, TN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Loudon is 94, which is 6% lower than the national average of 100. This makes housing, groceries, utilities, and miscellaneous expenses more affordable for residents. However, transportation costs are slightly higher, at 97, while healthcare costs are at 92, both close to the national average.
Loudon, TN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index in Loudon stands at 94, which is 6% lower than the national average of 100. This means that residents in Loudon can expect to spend less on their day-to-day expenses compared to the average American. Housing costs are notably lower, with an index of 90, indicating a 10% reduction from the national average. This affordability can be particularly attractive to job seekers looking for a more budget-friendly place to live.
In addition to housing, other categories also reflect a lower cost of living in Loudon. Groceries, utilities, and healthcare each have indices of 95, 95, and 92, respectively. These figures show that while some expenses are slightly lower, others are close to the national average. Transportation costs are slightly higher, with an index of 97, which is just 3% above the national average. Miscellaneous expenses, however, are slightly higher at 98, indicating a minimal increase of 2%. Overall, Loudon provides a balanced cost of living that is generally favorable for those considering a move.
