Athens cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAthensTennesseeNational
Cost of living index8391100
IndexAthensTennesseeNational
Goods & Services index9498100
Groceries index9292100
Health care index8889100
Housing index6680100
Transportation index8893100
Utilities index8191100
A general overview of the cost of living index for Athens, TN is displayed above. In Athens, TN, the overall cost of living index is 83, which is 8% lower than the Tennessee average and 17% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Athens, TN, the city's goods and services are 4% lower than the Tennessee average and 6% lower than the U.S. average.

Did you know?

  • The cost of living in Athens is 8% lower than the Tennessee average.
  • The cost of living in Athens is 17% lower than the national average.
  • The cost of housing in Athens is 34% lower than the national average.
  • Tennessee general sales tax is 37% higher than the national average.
  • Tennessee state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
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Groceries index
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The salary calculator allows you to compare how much your current salary in Athens, TN would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Athens, TN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Athens, TN salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,833$3,819$1,069$1,375
Renters$19,704$1,642$460$591
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Athens, TN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Athens, TN homeowners, is $45,833. This would allow for a maximum of $1,069 per month to be spent on housing costs. For renters, the median monthly income is $19,704 which would result in a maximum of $460 to be spent on rental costs.

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%
For those who live in Athens, TN and want to know what the true cost of living is, they ought to look at both the Tennessee income tax rate and the Tennessee sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Tennessee, the sales tax is 7%, while the most you'll pay in surtax is 9.75%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Tennessee, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemAthensNational avg.Difference
Haircut $13.50$14.597.5%
Beauty Salon $22.00$34.6836.6%
Toothpaste $2.66$2.477.6%
Shampoo $1.04$1.021.8%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemAthensNational avg.Difference
Ground Beef $4.55$4.481.6%
Fried Chicken $1.32$1.469.8%
Milk $2.22$2.365.8%
Potatoes $2.82$3.067.9%
Pizza $8.99$9.242.7%
Beer $7.96$8.637.8%

Health Care

ItemAthensNational avg.Difference
Optometrist $111.00$99.7811.2%
Doctor $80.00$105.0323.8%
Dentist $70.33$88.7020.7%
Ibuprofen $8.98$9.414.6%
Lipitor $320.11$298.507.2%

Housing

ItemAthensNational avg.Difference
Home Price $117,800.00$175,700.0033.0%
Avg. Mortgage Payment $957.87$1,081.0311.4%
Apartment Rent $586.00$920.0036.3%

Transportation

ItemAthensNational avg.Difference
Gasoline $1.88$2.0910.1%
Tire Balancing $36.67$45.2919.0%

Utilities

ItemAthensNational avg.Difference
All Electricity$136.77$170.8019.9%
Phone $23.50$28.2616.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Englewood, TN1,87078-22%
Etowah, TN3,49878-22%
Calhoun, TN53079-21%
Riceville, TN66280-20%
Niota, TN85080-20%
Athens, TN13,60383-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
McMinnville, TN13,60079-21%
Pewaukee, WI13,59911313%
Marshall, MN13,60993-7%
Butler, PA13,60989-11%
Oatfield, OR13,61812222%
Athens, TN13,60383-17%
Source: The Athens, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.