Old Hickory, TN, has a cost of living index that is slightly below the nationwide average. The overall index stands at 94, which is 6% lower than the national average of 100. This means that the cost of living in Old Hickory is more affordable in most categories, making it an attractive option for budget-conscious individuals.
Specifically, housing costs are 10% lower, while groceries and transportation are just 5% below the national average. Utilities and healthcare costs are slightly higher, but miscellaneous expenses are 8% lower. This balance makes Old Hickory a practical choice for those seeking a lower cost of living without significant sacrifices.
Old Hickory, Tennessee, offers a cost of living that is slightly below the nationwide average. The housing index stands at 90, which means it costs 10% less than the national average. This makes housing in Old Hickory an attractive option for those looking to save on their living expenses. Additionally, groceries cost 95% of the national average, indicating a minor increase but still favorable for budget-conscious individuals.
Utilities in Old Hickory are priced at 97% of the national average, which is just 3% higher. This small difference makes it a manageable expense for residents. Transportation costs align closely with the national average at 95%, offering no significant savings or extra costs. Healthcare costs are slightly higher, at 98%, but still only 2% above the national average. Miscellaneous expenses, which include items like entertainment and personal care, are at 92%, providing a 8% savings compared to the national average. Overall, Old Hickory presents a cost of living that is competitive and often more affordable than the national average.
