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 is 93, which is 7% lower than the average of 100. This means that, on average, expenses in Signal Mountain are 7% cheaper than the national average.
Specifically, housing costs in Signal Mountain are 15% lower, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within a few percentage points of the national average. This makes Signal Mountain a potentially attractive location for those seeking a more affordable living situation.
Signal Mountain, TN, offers a cost of living that is slightly lower than the nationwide average. The housing index stands at 85, which means it costs 15% less than the average. This makes housing in Signal Mountain a more affordable option for those relocating or considering a move. Additionally, the cost of groceries is at 95, indicating a 5% increase over the national average. This slight increase suggests that while groceries remain relatively affordable, they are not as cheap as housing.
Utilities in Signal Mountain are at 90, which is 10% below the national average. This means residents can expect to pay less for essential services like electricity and water. Transportation costs are also slightly lower, with an index of 95, representing a 5% decrease. This makes commuting and other transportation needs more budget-friendly. Healthcare costs in Signal Mountain match the national average at 100, offering no significant savings or extra costs. Miscellaneous expenses, with an index of 92, are 8% less than the average, providing some relief in everyday spending. Overall, Signal Mountain presents a cost of living that is generally favorable for those looking to manage their expenses effectively.
