Rocky Top, TN, has a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall cost of living index for Rocky Top is 88, indicating that it is 12% cheaper than the national average. This lower cost of living is particularly evident in housing, where the index stands at 80, making it 20% less expensive than the average.
Despite the lower cost of living, Rocky Top maintains a relatively balanced cost across other categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses. Each of these categories hovers around 85 to 95, showing minor variations but generally staying close to the average. This balance makes Rocky Top an attractive option for those seeking affordability without significant trade-offs in quality of life.
Rocky Top, TN, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Rocky Top are 80% of the national average, making it a more affordable option for those seeking to buy or rent a home. This reduction can be a significant advantage for individuals and families looking to manage their housing expenses effectively.
In addition to housing, the overall cost of living in Rocky Top remains competitive. Groceries cost 92% of the national average, utilities are at 90%, and transportation expenses are slightly higher at 95%. Healthcare costs are also lower, at 88%, which can be a crucial factor for many when considering relocation. Miscellaneous expenses, which can include entertainment, clothing, and personal care, are at 85% of the national average. This combination of lower costs in key areas makes Rocky Top an attractive location for those looking to balance quality of life with affordability.