The cost of living index in Louisville, TN, shows a varied picture compared to the nationwide average of 100. Housing costs are notably lower, at 85, making it a more affordable option for job seekers. However, healthcare costs are slightly higher, at 98, which might be a consideration for those seeking employment in the area.
Overall, the cost of living in Louisville, TN, is 92, which is 2% below the national average. This balance between lower housing and higher healthcare costs provides a nuanced view of living expenses for potential residents.
The cost of living in Louisville, TN, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Louisville, at 85, are 15% lower than the national average. This means that residents can expect to spend less on rent or mortgage payments compared to the average American. Additionally, groceries in Louisville are priced at 92, which is 2% lower than the national average, offering a slight advantage in everyday food expenses.
Utilities in Louisville are slightly above the national average, with an index of 95, indicating a 5% increase. Transportation costs also mirror the national average closely, with an index of 90, which is 10% lower. Healthcare costs in Louisville are notably higher, with an index of 98, showing an 8% increase over the national average. Miscellaneous expenses, at 87, are 13% lower than the national average, providing some relief in other spending areas. Overall, these figures suggest that while some expenses are higher, others are lower, making Louisville a balanced option for cost-conscious job seekers.
