Cost of living in Harrison 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 Harrison 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 Harrison is 91, with 100 being the average.
The cost of living index in Harrison is 0.9x lower than the national average.
Harrison ranks as the #66 cheapest in Tennessee out of 105.
Harrison ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Harrison is $182,900.
The median income in Harrison is $76,198.
According to the most recent data on the cost of living, Harrison has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Harrison has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Harrison ranks as #66 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Harrison ranks as the #39 most expensive place in the Volunteer State.
For more reading on life in Harrison, check out:
Six factors go into calculating the cost of living index in Harrison. Here is how it fairs on each of the criteria:
The Services index in Harrison is 94.
The Groceries index in Harrison is 102.
The Health index in Harrison is 97.
The Housing index in Harrison is 79.
The Transportation index in Harrison is 90.
The Utilities index in Harrison is 94.
Living Expense | Harrison | Tennessee | National Average | |
---|---|---|---|---|
Overall | 91 | 90 | 100 | |
Services | 94 | 93 | 100 | |
Groceries | 102 | 96 | 100 | |
Health | 97 | 88 | 100 | |
Housing | 79 | 82 | 100 | |
Transportation | 90 | 90 | 100 | |
Utilities | 94 | 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 Harrison is $182,900.
The Median Rent in Harrison is $936.
The Median Income in Harrison is $76,198.
The Home Value To Income in Harrison is 2.4x.
The Rent To Monthly Income in Harrison is 0.15x.
Statistic | Harrison | Tennessee | United States |
---|---|---|---|
Median Home Value | $182,900 | $193,700 | $244,900 |
Median Rent | $936 | $951 | $1,163 |
Median Income | $76,198 | $58,516 | $69,021 |
Home Value To Income | 2.4x | 3.3x | 3.5x |
Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Harrison. 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 Harrison.
East Ridge, TN has a cost of living index of 88, 1.0x Harrison.
Soddy-Daisy, TN has a cost of living index of 85, 0.9x Harrison.
City | Population | Cost Of Living | Vs. Harrison |
---|---|---|---|
Chattanooga, TN | 180,353 | 91 | 1.0x |
East Ridge, TN | 21,967 | 88 | 1.0x |
Soddy-Daisy, TN | 13,090 | 85 | 0.9x |
Red Bank, TN | 11,855 | 88 | 1.0x |
Middle Valley, TN | 11,569 | 93 | 1.0x |
Collegedale, TN | 10,973 | 94 | 1.0x |
Fort Oglethorpe, GA | 10,196 | 85 | 0.9x |
Signal Mountain, TN | 8,770 | 115 | 1.3x |
South Cleveland, TN | 7,481 | 83 | 0.9x |
Fairview, GA | 5,752 | 80 | 0.9x |