Mountain City, TN, presents a cost of living that is notably lower than the nationwide average. Specifically, the overall cost of living index in Mountain City stands at 86, which is 14% below the national average of 100. This reduction makes it an attractive location for those seeking a more affordable lifestyle.
The cost of living categories in Mountain City, TN, all fall below the national average. For instance, housing costs are 25% lower, groceries are 10% lower, and utilities are 5% lower. Although healthcare and transportation costs are also slightly below the national index, miscellaneous expenses are only slightly lower at 12%. This varied index helps professionals assess the potential savings in different living aspects.
The cost of living in Mountain City, Tennessee, presents some notable differences compared to the nationwide average. When considering housing, Mountain City stands at an index of 75, which is 25% lower than the national average of 100. This means that housing costs in Mountain City are more affordable, offering residents a potential savings of one-fourth on their monthly expenses related to living accommodations.
In other areas, Mountain City's cost of living remains close to the national average. Groceries cost 90, just 10% below the benchmark of 100. Utilities are slightly higher, at 95, while transportation costs hover at 85, each within a narrow margin of the national average. Healthcare costs are slightly lower at 80, potentially saving residents 20%. Miscellaneous expenses also show a slight decrease, with an index of 88, meaning they are 12% under the national average. Overall, Mountain City provides a more budget-friendly environment, especially in housing and healthcare, making it an attractive option for many job seekers.
