Sweetwater, TN, offers a cost of living that is 82% of the nationwide average. This means residents can expect to spend less on most essentials compared to the national average. The lower housing and transportation costs significantly contribute to this reduced overall cost, making it an attractive option for budget-conscious individuals.
Sweetwater, TN, offers a cost of living that is notably lower than the nationwide average. The housing index in Sweetwater stands at 70, which is 30% below the national average of 100. This means that housing expenses in Sweetwater are significantly more affordable, making it an attractive option for those looking to save on their living costs. Additionally, the transportation index is 75, which is 25% below the national average. This suggests that commuting and vehicle-related expenses are also more economical compared to the rest of the country.
Sweetwater also provides a favorable cost for groceries, with an index of 90, which is 10% below the national average. This indicates that food costs are slightly lower than the average, offering some relief to residents' grocery budgets. Utilities in Sweetwater are priced at 85, which is 15% below the national average. This means that expenses for electricity, gas, and water are more affordable. The healthcare index is 95, which is 5% below the national average, suggesting that healthcare costs are nearly on par with the national average. Lastly, the miscellaneous index is 80, which is 20% lower than the national average, indicating that other living expenses are also more reasonable. Overall, Sweetwater presents a cost of living that is 20% below the national average, making it a cost-effective place for job seekers to consider.