The cost of living in Old Hickory, TN, is notably lower than the nationwide average. Housing costs 15% less, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly below the national average, ranging from 5% to 10% lower. This makes Old Hickory a more affordable option for many job seekers.
The cost of living index in Old Hickory, Tennessee, shows a mixed picture when compared to the nationwide average. Housing costs in Old Hickory stand at 85, which is 15% below the national average. This suggests that residents may find housing more affordable than the average American. Groceries, another significant expense, are priced at 95 in Old Hickory, which is 5% higher than the national average. This indicates that grocery shopping might be slightly more expensive here.
Utilities in Old Hickory are at 90, which is 10% below the national average. This means that residents can expect to pay less for utilities compared to the average American. Transportation costs are at 88, which is 12% below the national average. This suggests that commuting and other transportation-related expenses are more affordable in Old Hickory. Healthcare costs are at 92, which is 2% below the national average, indicating that healthcare might be slightly cheaper here. Miscellaneous expenses are at 87, which is 13% below the national average, showing that other miscellaneous costs are also relatively lower. Overall, Old Hickory offers a cost of living that is generally lower than the national average, making it an attractive option for those looking to manage their expenses effectively.