Signal Mountain, TN, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Signal Mountain stands at 95, which is 5% lower than the national average of 100. This lower cost of living makes it an attractive option for those seeking more affordable housing and utilities while maintaining access to quality healthcare and groceries.
Signal Mountain, TN, offers a cost of living that is slightly below the nationwide average. The housing index stands at 95, which means it costs 5% less than the average to rent or buy a home here. This can be a significant advantage for those looking to save on housing expenses. Groceries in Signal Mountain are priced at 98, indicating a minor increase of 2% compared to the national average. This slight rise might not affect overall spending drastically but is worth noting.
Utilities in Signal Mountain are priced at 92, which is 8% below the national average. This reduction can lead to noticeable savings on monthly bills. Transportation costs are at 97, just 3% below the average, making it relatively affordable to get around. Healthcare costs are also at 95, which is 5% less than the national average. This can be beneficial for those planning to manage their medical expenses. Overall, Signal Mountain provides a cost of living that is competitive and often more affordable than the national average.
