Sweetwater, TN, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Sweetwater stands at 88, which is 12% below the national benchmark of 100. This indicates that residents can expect to spend less on various living expenses compared to the average American.
Specifically, housing in Sweetwater is 20% cheaper, groceries are 10% less expensive, and utilities are 5% lower. Transportation costs are also 15% below the national average, while healthcare and miscellaneous expenses are only slightly below the national average at 5% and 12%, respectively. This makes Sweetwater an attractive option for those seeking a more affordable lifestyle.
Sweetwater, TN, offers a cost of living that is notably lower than the nationwide average. The housing index in Sweetwater stands at 80, which is 20% below the national average of 100. This means that housing costs in Sweetwater are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, groceries in Sweetwater are priced at 90 on the index, which is only 10% below the average. This slight difference suggests that food costs remain relatively close to the national standard.
Overall, Sweetwater's cost of living is quite favorable compared to the national average. Utilities, for instance, are at 95 on the index, just 5% below the average. Transportation costs are also slightly lower, with an index of 85, representing a 15% reduction. Healthcare costs in Sweetwater are at 95, matching the national average, indicating no significant savings or extra costs in this area. Miscellaneous expenses, with an index of 88, are 12% below the average, further contributing to the overall affordability of living in Sweetwater.