Cost of living in Tullahoma 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 Tullahoma 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 Tullahoma is 89, with 100 being the average.
The cost of living index in Tullahoma is 0.9x lower than the national average.
Tullahoma ranks as the #61 cheapest in Tennessee out of 105.
Tullahoma ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Tullahoma is $167,700.
The median income in Tullahoma is $52,411.
According to the most recent data on the cost of living, Tullahoma has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Tullahoma has a cost of living index that's 1.0x lower than Tennessee's index of 90.
The standard of living in Tullahoma ranks as #61 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Tullahoma ranks as the #44 most expensive place in the Volunteer State.
For more reading on life in Tullahoma, check out:
Six factors go into calculating the cost of living index in Tullahoma. Here is how it fairs on each of the criteria:
The Services index in Tullahoma is 104.
The Groceries index in Tullahoma is 96.
The Health index in Tullahoma is 99.
The Housing index in Tullahoma is 64.
The Transportation index in Tullahoma is 95.
The Utilities index in Tullahoma is 98.
Living Expense | Tullahoma | Tennessee | National Average | |
---|---|---|---|---|
Overall | 89 | 90 | 100 | |
Services | 104 | 93 | 100 | |
Groceries | 96 | 96 | 100 | |
Health | 99 | 88 | 100 | |
Housing | 64 | 82 | 100 | |
Transportation | 95 | 90 | 100 | |
Utilities | 98 | 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 Tullahoma is $167,700.
The Median Rent in Tullahoma is $735.
The Median Income in Tullahoma is $52,411.
The Home Value To Income in Tullahoma is 3.2x.
The Rent To Monthly Income in Tullahoma is 0.17x.
Statistic | Tullahoma | Tennessee | United States |
---|---|---|---|
Median Home Value | $167,700 | $193,700 | $244,900 |
Median Rent | $735 | $951 | $1,163 |
Median Income | $52,411 | $58,516 | $69,021 |
Home Value To Income | 3.2x | 3.3x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Tullahoma. Here's a quick look at the cost of living in the most populous nearby places:
Murfreesboro, TN has a cost of living index of 99, 1.1x Tullahoma.
Smyrna, TN has a cost of living index of 94, 1.1x Tullahoma.
Spring Hill, TN has a cost of living index of 106, 1.2x Tullahoma.
City | Population | Cost Of Living | Vs. Tullahoma |
---|---|---|---|
Murfreesboro, TN | 148,970 | 99 | 1.1x |
Smyrna, TN | 52,401 | 94 | 1.1x |
Spring Hill, TN | 48,403 | 106 | 1.2x |
Columbia, TN | 40,957 | 93 | 1.0x |
La Vergne, TN | 38,127 | 94 | 1.1x |
Shelbyville, TN | 23,005 | 91 | 1.0x |
McMinnville, TN | 13,699 | 80 | 0.9x |
Nolensville, TN | 13,393 | 123 | 1.4x |
Manchester, TN | 11,956 | 85 | 1.0x |
Winchester, TN | 9,299 | 87 | 1.0x |