Mountain City, TN, has a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Mountain City stands at 85, which is 15% below the national average. This lower cost of living makes it an attractive option for job seekers looking to maximize their purchasing power.
Breaking down the categories, housing costs in Mountain City are 25% below the national average, while groceries and utilities are slightly above average. Transportation and healthcare costs are also below the national average, providing additional savings for residents. This combination of lower costs across several key areas makes Mountain City a financially prudent choice for those relocating.
Mountain City, TN, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 75, which is 25% lower than the national average of 100. This means that housing costs in Mountain City are significantly less expensive, making it an attractive option for those looking to save on their monthly expenses. Additionally, the groceries index is 90, which is 10% lower than the national average. This indicates that purchasing food items in Mountain City is also more affordable compared to the rest of the country.
Utilities in Mountain City are priced at 85, which is 15% below the national average. This reduction in utility costs can lead to savings for residents. Transportation costs are slightly higher, with an index of 95, which is 5% above the average. However, the healthcare index of 80 shows that medical expenses are 20% lower than the national average. Lastly, the miscellaneous costs index of 88 is 12% below the average, suggesting that other everyday expenses are also more affordable in Mountain City. Overall, these factors combine to make the cost of living in Mountain City, TN, more economical for job seekers and residents.
