The cost of living index in Paris, TN, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Paris are notably lower at 76, offering potential savings for residents. Other categories like groceries, utilities, and transportation also remain close to or slightly below the average, making it an attractive option for those seeking affordability without sacrificing quality of life.
Paris, TN, offers a cost of living that is notably lower than the nationwide average. The housing index in Paris stands at 76, which is 24% below the average of 100. This means that housing costs in Paris are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index in Paris is 93, which is 7% below the average. This indicates that while groceries are slightly cheaper, they are still relatively close to the national average.
Utilities in Paris are also more affordable, with an index of 90, which is 10% below the average. This reduction in cost can lead to savings on monthly bills. Transportation costs in Paris are at 92, just 8% below the average, suggesting that commuting and other transportation needs are nearly on par with the national average. Healthcare costs in Paris are slightly higher, with an index of 96, which is 4% above the average. This means that while healthcare is more affordable than in many other areas, it is still a consideration for those relocating. Overall, the miscellaneous cost index in Paris is 87, which is 13% below the average, indicating that other living expenses are also more affordable in this city.