Signal Mountain, TN, has a cost of living index that shows mixed results compared to the nationwide average of 100. Housing costs are notably lower, standing at 85, which is 15% below the national average. This provides a significant advantage for those considering this area for housing.
In contrast, groceries and utilities are slightly below the national average but not by much, with indices of 97 and 95, respectively. Transportation costs are close to the national average at 92, while healthcare costs remain the same at 100. Miscellaneous expenses are at 90, indicating they are 10% lower than the nationwide average. These insights help job seekers evaluate living expenses in Signal Mountain.
Signal Mountain, TN, shows a cost of living index that varies across different categories when compared to the nationwide average of 100. Housing costs in Signal Mountain are notably lower, standing at 85. This represents a 15% reduction compared to the national average, making it an attractive option for those looking to save on their housing expenses. Despite this decrease, it's worth considering that other living expenses might not follow the same trend.
In addition to housing, the cost of groceries in Signal Mountain is relatively close to the national average at 97. This slight increase of 3% suggests that grocery expenses are nearly on par with other areas in the country. Utilities and transportation also present modest differences, with indices of 95 and 92, respectively. These numbers indicate a minimal increase in costs for these essentials. However, healthcare costs remain steady at 100, aligning perfectly with the national average. Miscellaneous costs stand at 90, representing a 10% decrease, which may appeal to those seeking to reduce their overall spending.
