Collegedale, TN Cost Of Living
Cost Of Living In Collegedale, TN Summary
Cost of living in Collegedale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Collegedale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Collegedale is 94, with 100 being the average.
The cost of living index in Collegedale is 0.9x lower than the national average.
Collegedale ranks as the #77 cheapest in Tennessee out of 105.
Collegedale ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Collegedale is $267,400.
The median income in Collegedale is $64,042.
Table Of Contents
Collegedale's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Collegedale, TN?
According to the most recent data on the cost of living, Collegedale has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Collegedale has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Collegedale ranks as #77 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Collegedale ranks as the #28 most expensive place in the Volunteer State.
For more reading on life in Collegedale, check out:
- Living In Collegedale
- Collegedale Crime Report
- Search Homes For Sale In Collegedale, TN
In Tennessee
In America
Collegedale Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Collegedale. Here is how it fairs on each of the criteria:
The Services index in Collegedale is 89.
The Groceries index in Collegedale is 91.
The Health index in Collegedale is 94.
The Housing index in Collegedale is 98.
The Transportation index in Collegedale is 85.
The Utilities index in Collegedale is 90.
| Living Expense | Collegedale | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 94 | 90 | 100 | |
| Services | 89 | 93 | 100 | |
| Groceries | 91 | 96 | 100 | |
| Health | 94 | 88 | 100 | |
| Housing | 98 | 82 | 100 | |
| Transportation | 85 | 90 | 100 | |
| Utilities | 90 | 93 | 100 | |
Collegedale, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Collegedale is $267,400.
The Median Rent in Collegedale is $1,220.
The Median Income in Collegedale is $64,042.
The Home Value To Income in Collegedale is 4.2x.
The Rent To Monthly Income in Collegedale is 0.23x.
| Statistic | Collegedale | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $267,400 | $193,700 | $244,900 |
| Median Rent | $1,220 | $951 | $1,163 |
| Median Income | $64,042 | $58,516 | $69,021 |
| Home Value To Income | 4.2x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Collegedale, TN Costs By Category
Detailed Collegedale Services Costs Vs. Tennessee
| Item | Collegedale | Tennessee |
|---|---|---|
| Shampoo | $0.9 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $7.25 | $14.67 |
| Haircut | $16.33 | $18.62 |
| Beauty Salon | $28.17 | $39.05 |
Detailed Collegedale Groceries Costs Vs. Tennessee
| Item | Collegedale | Tennessee |
|---|---|---|
| Ground Beef | $4.16 | $4.22 |
| Fried Chicken | $0.98 | $1.39 |
| Milk | $1.78 | $2.05 |
| Potatoes | $3.46 | $3.29 |
| Pizza | $7.99 | $10.62 |
| Beer | $9.99 | $9.38 |
| Toothpaste | $1.93 | $2.34 |
Detailed Collegedale Health Costs Vs. Tennessee
| Item | Collegedale | Tennessee |
|---|---|---|
| Optometrist | $117.42 | $108.57 |
| Doctor | $115.94 | $116.17 |
| Dentist | $81.0 | $99.13 |
Detailed Collegedale Transportation Costs Vs. Tennessee
| Item | Collegedale | Tennessee |
|---|---|---|
| Gasoline | $1.9 | $2.22 |
| Tire Balancing | $40.0 | $50.07 |
Detailed Collegedale Utilities Costs Vs. Tennessee
| Item | Collegedale | Tennessee |
|---|---|---|
| All Electricity | $132.06 | $167.67 |
| Phone | $184.96 | $175.64 |
Collegedale SnackAbility
/10
Cost Of Living In Cities Around Collegedale
The cost of living varies in the cities and towns around Collegedale. Here's a quick look at the cost of living in the most populous nearby places:
Chattanooga, TN has a cost of living index of 91, 1.0x Collegedale.
East Ridge, TN has a cost of living index of 88, 0.9x Collegedale.
Soddy-Daisy, TN has a cost of living index of 85, 0.9x Collegedale.
| City | Population | Cost Of Living | Vs. Collegedale |
|---|---|---|---|
| Chattanooga, TN | 180,353 | 91 | 1.0x |
| East Ridge, TN | 21,967 | 88 | 0.9x |
| Soddy-Daisy, TN | 13,090 | 85 | 0.9x |
| Red Bank, TN | 11,855 | 88 | 0.9x |
| Middle Valley, TN | 11,569 | 93 | 1.0x |
| Fort Oglethorpe, GA | 10,196 | 85 | 0.9x |
| Signal Mountain, TN | 8,770 | 115 | 1.2x |
| Harrison, TN | 8,383 | 91 | 1.0x |
| South Cleveland, TN | 7,481 | 83 | 0.9x |
| Fairview, GA | 5,752 | 80 | 0.9x |
