Martin, TN, has a cost of living index of 91, which is 9% below the nationwide average of 100. Housing, utilities, and miscellaneous costs all fall below the national average, making Martin more affordable in these areas. However, groceries and healthcare costs slightly exceed the average, indicating mixed affordability in specific categories.
Martin, TN, presents a cost of living that aligns closely with the nationwide average, making it an appealing option for those seeking affordability without sacrificing essential services. Specifically, the housing index stands at 85, which is 15% lower than the national average of 100. This means residents in Martin can find housing that costs 15% less than in other parts of the country.
Additionally, groceries in Martin cost 95% of the national average, indicating minimal differences in food expenses. Utilities slightly exceed the national average at 90%, while transportation costs sit at 92%, only 2% above the average. Healthcare costs are slightly higher, at 97%, reflecting a minor premium for medical services. Miscellaneous expenses also align closely with the national average at 88%. Overall, Martin offers a balanced cost of living that remains competitive with the broader national market.
