Soddy-Daisy, TN Cost Of Living
Cost Of Living In Soddy-Daisy, TN Summary
Cost of living in Soddy-Daisy 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 Soddy-Daisy 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 Soddy-Daisy is 85, with 100 being the average.
The cost of living index in Soddy-Daisy is 0.8x lower than the national average.
Soddy-Daisy ranks as the #40 cheapest in Tennessee out of 105.
Soddy-Daisy ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Soddy-Daisy is $169,300.
The median income in Soddy-Daisy is $54,191.
Table Of Contents
Soddy-Daisy's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Soddy-Daisy, TN?
According to the most recent data on the cost of living, Soddy-Daisy has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Soddy-Daisy has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Soddy-Daisy ranks as #40 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Soddy-Daisy ranks as the #65 most expensive place in the Volunteer State.
For more reading on life in Soddy-Daisy, check out:
- Living In Soddy-Daisy
- Soddy-Daisy Crime Report
- Search Homes For Sale In Soddy-Daisy, TN
In Tennessee
In America
Soddy-Daisy Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Soddy-Daisy. Here is how it fairs on each of the criteria:
The Services index in Soddy-Daisy is 95.
The Groceries index in Soddy-Daisy is 103.
The Health index in Soddy-Daisy is 97.
The Housing index in Soddy-Daisy is 67.
The Transportation index in Soddy-Daisy is 88.
The Utilities index in Soddy-Daisy is 94.
| Living Expense | Soddy-Daisy | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 85 | 90 | 100 | |
| Services | 95 | 93 | 100 | |
| Groceries | 103 | 96 | 100 | |
| Health | 97 | 88 | 100 | |
| Housing | 67 | 82 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 94 | 93 | 100 | |
Soddy-Daisy, 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 Soddy-Daisy is $169,300.
The Median Rent in Soddy-Daisy is $810.
The Median Income in Soddy-Daisy is $54,191.
The Home Value To Income in Soddy-Daisy is 3.1x.
The Rent To Monthly Income in Soddy-Daisy is 0.18x.
| Statistic | Soddy-Daisy | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $169,300 | $193,700 | $244,900 |
| Median Rent | $810 | $951 | $1,163 |
| Median Income | $54,191 | $58,516 | $69,021 |
| Home Value To Income | 3.1x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Soddy-Daisy, TN Costs By Category
Detailed Soddy-Daisy Services Costs Vs. Tennessee
| Item | Soddy-Daisy | Tennessee |
|---|---|---|
| Shampoo | $0.9 | $1.06 |
| Movie | $12.32 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $14.67 | $18.62 |
| Beauty Salon | $43.33 | $39.05 |
Detailed Soddy-Daisy Groceries Costs Vs. Tennessee
| Item | Soddy-Daisy | Tennessee |
|---|---|---|
| Ground Beef | $4.62 | $4.22 |
| Fried Chicken | $1.22 | $1.39 |
| Milk | $2.15 | $2.05 |
| Potatoes | $4.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $9.97 | $9.38 |
| Toothpaste | $1.91 | $2.34 |
Detailed Soddy-Daisy Health Costs Vs. Tennessee
| Item | Soddy-Daisy | Tennessee |
|---|---|---|
| Optometrist | $93.33 | $108.57 |
| Doctor | $118.67 | $116.17 |
| Dentist | $89.33 | $99.13 |
Detailed Soddy-Daisy Transportation Costs Vs. Tennessee
| Item | Soddy-Daisy | Tennessee |
|---|---|---|
| Gasoline | $1.94 | $2.22 |
| Tire Balancing | $46.47 | $50.07 |
Detailed Soddy-Daisy Utilities Costs Vs. Tennessee
| Item | Soddy-Daisy | Tennessee |
|---|---|---|
| All Electricity | $141.03 | $167.67 |
| Phone | $184.96 | $175.64 |
Soddy-Daisy SnackAbility
/10
Cost Of Living In Cities Around Soddy-Daisy
The cost of living varies in the cities and towns around Soddy-Daisy. 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, 1.1x Soddy-Daisy.
Cleveland, TN has a cost of living index of 86, 1.0x Soddy-Daisy.
East Ridge, TN has a cost of living index of 88, 1.0x Soddy-Daisy.
| City | Population | Cost Of Living | Vs. Soddy-Daisy |
|---|---|---|---|
| Chattanooga, TN | 180,353 | 91 | 1.1x |
| Cleveland, TN | 46,747 | 86 | 1.0x |
| East Ridge, TN | 21,967 | 88 | 1.0x |
| Red Bank, TN | 11,855 | 88 | 1.0x |
| Middle Valley, TN | 11,569 | 93 | 1.1x |
| Collegedale, TN | 10,973 | 94 | 1.1x |
| Signal Mountain, TN | 8,770 | 115 | 1.4x |
| Harrison, TN | 8,383 | 91 | 1.1x |
| South Cleveland, TN | 7,481 | 83 | 1.0x |
| Dayton, TN | 7,112 | 80 | 0.9x |
