Woodbury, TN, has a cost of living index that is slightly lower than the nationwide average. The overall index for Woodbury stands at 90, which is 10% below the national benchmark of 100. This suggests that residents of Woodbury can expect to spend less on most living expenses compared to the average American.
Specifically, Woodbury's housing index is 85, which is 15% below the national average. Groceries, utilities, and transportation also show lower costs, with indices of 90, 93, and 88, respectively. Healthcare and miscellaneous expenses are slightly higher, with indices of 95 and 92. This balanced distribution makes Woodbury an attractive option for those seeking a more affordable living environment.
Woodbury, TN, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Woodbury stands at 85, which means residents can expect to pay 15% less for housing compared to the national average. This reduction in housing costs can be a significant advantage for those looking to settle in Woodbury, making it easier to manage living expenses.
Additionally, Woodbury's grocery index is 90, indicating that groceries cost 10% less than the national average. Utilities in Woodbury are priced at 93, which is only 7% above the national average. Transportation costs are also slightly lower, with an index of 88, meaning residents spend 12% less on transportation compared to the national average. Healthcare costs in Woodbury are at 95, which is 5% higher than the national average, but still relatively affordable. Miscellaneous expenses, with an index of 92, are 8% above the national average. Overall, Woodbury offers a cost of living that is more favorable for many essential expenses, making it an attractive option for those seeking a more affordable lifestyle.
