The cost of living index in Shelbyville, TN, stands at 91, which is 1% below the nationwide average of 100. This slight decrease is primarily influenced by housing costs, which are 15% lower than the national average. Despite this, other categories such as utilities and healthcare match or slightly exceed the national averages, indicating a relatively balanced cost structure for potential residents.
Shelbyville, Tennessee, shows a cost of living that is slightly below the nationwide average. Compared to a baseline of 100, which represents the national average, Shelbyville scores a total cost of living index of 91. This means residents generally find expenses like housing, groceries, and utilities to be about 9% less than the national average. For example, housing costs are 15% lower, and utilities are 5% lower.
Breaking down the categories, Shelbyville’s lower housing index stands out, with a value of 85. This suggests that renting or owning a home in Shelbyville is significantly more affordable than the national average. Groceries are only 10% below the average, and utilities are a modest 5% lower. Transportation costs are also close to the national average at 90. While healthcare costs and miscellaneous expenses are slightly above average, at 95 each, they remain quite reasonable. Overall, Shelbyville offers a cost-effective living environment with most essential expenses falling below the nationwide benchmark.
