Louisville, TN, has a cost of living index that is slightly lower than the nationwide average. The overall index is 91, which means it is 9% below the national average of 100. Housing costs in Louisville are notably lower, at 85, which is 15% below the average. This makes it an attractive option for those looking to save on housing expenses while still enjoying a relatively affordable living environment.
The cost of living index in Louisville, TN, shows a mixed picture compared to the nationwide average, which is set at 100. Housing costs in Louisville are notably lower, with an index of 85. This means that housing expenses are 15% less than the national average. For those considering a move, this could translate into more affordable living conditions, allowing for a greater portion of their income to be allocated to other necessities or savings.
Other areas also reflect a similar trend. Utilities, for example, have an index of 90, indicating they are 10% cheaper than the national average. Transportation costs are slightly above average, with an index of 92, meaning they are 8% less expensive. Groceries, healthcare, and miscellaneous expenses also show minor variations. Groceries, with an index of 95, are 5% cheaper, while healthcare costs are slightly higher at 97, which is 3% above the national average. Miscellaneous expenses, with an index of 88, are 12% lower than the national average. Overall, Louisville offers a cost of living that is generally favorable for those looking to manage their expenses effectively.
