Cost of living in La Follette 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 La Follette 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 La Follette is 75, with 100 being the average.
The cost of living index in La Follette is 0.8x lower than the national average.
La Follette ranks as the #1 cheapest in Tennessee out of 105.
La Follette ranks as the #35 cheapest out of 6,412 in the US.
The median home value in La Follette is $89,900.
The median income in La Follette is $38,577.
According to the most recent data on the cost of living, La Follette has an overall cost of living index of 75, which is 0.8x lower than the national index of 100.
Compared to Tennessee, La Follette has a cost of living index that's 0.8x lower than Tennessee's index of 90.
The standard of living in La Follette ranks as #1 most affordable out of the 105 places we measured in Tennessee. By definition, that implies La Follette ranks as the #104 most expensive place in the Volunteer State.
For more reading on life in La Follette, check out:
Six factors go into calculating the cost of living index in La Follette. Here is how it fairs on each of the criteria:
The Services index in La Follette is 90.
The Groceries index in La Follette is 87.
The Health index in La Follette is 92.
The Housing index in La Follette is 39.
The Transportation index in La Follette is 87.
The Utilities index in La Follette is 96.
Living Expense | La Follette | Tennessee | National Average | |
---|---|---|---|---|
Overall | 75 | 90 | 100 | |
Services | 90 | 93 | 100 | |
Groceries | 87 | 96 | 100 | |
Health | 92 | 88 | 100 | |
Housing | 39 | 82 | 100 | |
Transportation | 87 | 90 | 100 | |
Utilities | 96 | 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 La Follette is $89,900.
The Median Rent in La Follette is $692.
The Median Income in La Follette is $38,577.
The Home Value To Income in La Follette is 2.3x.
The Rent To Monthly Income in La Follette is 0.22x.
Statistic | La Follette | Tennessee | United States |
---|---|---|---|
Median Home Value | $89,900 | $193,700 | $244,900 |
Median Rent | $692 | $951 | $1,163 |
Median Income | $38,577 | $58,516 | $69,021 |
Home Value To Income | 2.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | La Follette | Tennessee |
---|---|---|
Shampoo | $0.84 | $1.06 |
Movie | $10.22 | $10.68 |
Bowling | $18.67 | $14.67 |
Haircut | $14.73 | $18.62 |
Beauty Salon | $37.6 | $39.05 |
Item | La Follette | Tennessee |
---|---|---|
Ground Beef | $4.41 | $4.22 |
Fried Chicken | $0.99 | $1.39 |
Milk | $1.85 | $2.05 |
Potatoes | $2.88 | $3.29 |
Pizza | $9.99 | $10.62 |
Beer | $9.75 | $9.38 |
Toothpaste | $1.5 | $2.34 |
Item | La Follette | Tennessee |
---|---|---|
Optometrist | $88.0 | $108.57 |
Doctor | $105.73 | $116.17 |
Dentist | $88.77 | $99.13 |
Item | La Follette | Tennessee |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $36.44 | $50.07 |
Item | La Follette | Tennessee |
---|---|---|
All Electricity | $149.12 | $167.67 |
Phone | $184.96 | $175.64 |
The cost of living varies in the cities and towns around La Follette. 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, 1.2x La Follette.
Morristown, TN has a cost of living index of 85, 1.1x La Follette.
Farragut, TN has a cost of living index of 112, 1.5x La Follette.
City | Population | Cost Of Living | Vs. La Follette |
---|---|---|---|
Oak Ridge, TN | 31,087 | 88 | 1.2x |
Morristown, TN | 30,387 | 85 | 1.1x |
Farragut, TN | 23,388 | 112 | 1.5x |
Sevierville, TN | 18,038 | 89 | 1.2x |
Seymour, TN | 15,633 | 87 | 1.2x |
Alcoa, TN | 10,777 | 85 | 1.1x |
Clinton, TN | 9,982 | 84 | 1.1x |
Fairfield Glade, TN | 8,798 | 95 | 1.3x |
Kingston, TN | 5,942 | 86 | 1.1x |