Soddy-Daisy, TN, boasts a cost of living index that is slightly lower than the nationwide average, making it an attractive option for job seekers. Specifically, the overall cost of living in Soddy-Daisy stands at 94, which is 6% below the national benchmark of 100. This lower index indicates that residents generally spend less on major expenses such as housing, groceries, and healthcare, providing a potential financial advantage.
Soddy-Daisy, Tennessee, features a cost of living that is generally lower than the nationwide average. According to the latest data, the overall cost of living index for Soddy-Daisy is 94, which is 6% below the national average of 100. This means that residents in Soddy-Daisy typically spend less on their daily expenses compared to the average American. Housing costs in Soddy-Daisy are notably more affordable, with an index of 90, which is 10% below the national average. This is beneficial for those looking to buy or rent a home in the area.
Groceries, utilities, and miscellaneous costs also align closely with the national average. Groceries and utilities each have an index of 95, which means they are only 5% lower than the average cost nationwide. This similarity makes it easier for individuals to budget and manage their spending. Transportation and healthcare costs mirror these trends, with transportation at 95 and healthcare at 98, each slightly below the national average but not by much. This consistency across categories suggests a balanced and predictable cost structure for residents of Soddy-Daisy.
