The cost of living index in Tazewell, VA, stands at 91, which is 1% below the nationwide average of 100. This slight reduction suggests that residents in Tazewell may find living expenses a bit more affordable compared to the national average. Specific categories like housing and miscellaneous items reflect this trend, while others like healthcare and groceries are close to or slightly above the average.
The cost of living index in Tazewell, VA, reveals that the overall expenses are generally lower than the nationwide average of 100. Specifically, housing costs in Tazewell stand at 85, suggesting that residents can find affordable housing compared to the national median. This 15% decrease provides a financial advantage for those settling in Tazewell.
Exploring other expenses, groceries in Tazewell are priced at 95, just 5% higher than the nationwide average. Utilities, another important expense, also show a slight increase at 90, which is only 10% higher. Transportation costs remain fairly close to the national average at 92, representing a 2% increase. Healthcare costs in Tazewell are slightly elevated at 97, a 7% rise above the average, while miscellaneous expenses are at 88, which is 12% lower. These insights highlight the balanced cost of living in Tazewell, offering a mix of affordability and minor increases in specific areas.
