Cost of living in Harriman 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 Harriman 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 Harriman is 79, with 100 being the average.
The cost of living index in Harriman is 0.8x lower than the national average.
Harriman ranks as the #9 cheapest in Tennessee out of 105.
Harriman ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Harriman is $116,200.
The median income in Harriman is $40,980.
According to the most recent data on the cost of living, Harriman has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Harriman has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Harriman ranks as #9 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Harriman ranks as the #96 most expensive place in the Volunteer State.
For more reading on life in Harriman, check out:
Six factors go into calculating the cost of living index in Harriman. Here is how it fairs on each of the criteria:
The Services index in Harriman is 90.
The Groceries index in Harriman is 86.
The Health index in Harriman is 90.
The Housing index in Harriman is 51.
The Transportation index in Harriman is 85.
The Utilities index in Harriman is 93.
Living Expense | Harriman | Tennessee | National Average | |
---|---|---|---|---|
Overall | 79 | 90 | 100 | |
Services | 90 | 93 | 100 | |
Groceries | 86 | 96 | 100 | |
Health | 90 | 88 | 100 | |
Housing | 51 | 82 | 100 | |
Transportation | 85 | 90 | 100 | |
Utilities | 93 | 93 | 100 |
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 Harriman is $116,200.
The Median Rent in Harriman is $689.
The Median Income in Harriman is $40,980.
The Home Value To Income in Harriman is 2.8x.
The Rent To Monthly Income in Harriman is 0.2x.
Statistic | Harriman | Tennessee | United States |
---|---|---|---|
Median Home Value | $116,200 | $193,700 | $244,900 |
Median Rent | $689 | $951 | $1,163 |
Median Income | $40,980 | $58,516 | $69,021 |
Home Value To Income | 2.8x | 3.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Harriman. Here's a quick look at the cost of living in the most populous nearby places:
Oak Ridge, TN has a cost of living index of 88, 1.1x Harriman.
Fairfield Glade, TN has a cost of living index of 95, 1.2x Harriman.
Kingston, TN has a cost of living index of 86, 1.1x Harriman.
City | Population | Cost Of Living | Vs. Harriman |
---|---|---|---|
Oak Ridge, TN | 31,087 | 88 | 1.1x |
Fairfield Glade, TN | 8,798 | 95 | 1.2x |
Kingston, TN | 5,942 | 86 | 1.1x |
Rockwood, TN | 5,492 | 78 | 1.0x |