Baxter 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.
IndexBaxterTennesseeNational
Cost of living index7991100
IndexBaxterTennesseeNational
Goods & Services index9098100
Groceries index9392100
Health care index8789100
Housing index5480100
Transportation index9393100
Utilities index8591100

Did you know?

  • The cost of living in Baxter is 13% lower than the Tennessee average.
  • The cost of living in Baxter is 21% lower than the national average.
  • The cost of housing in Baxter is 46% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$31,667$2,639$739$950
Renters$15,455$1,288$361$464

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%

Goods & Services

ItemBaxterNational avg.Difference
Haircut $9.33$14.5936.1%
Beauty Salon $22.83$34.6834.2%
Toothpaste $2.38$2.473.8%
Shampoo $0.88$1.0213.9%
Movie $10.25$9.873.9%
Bowling $4.11$4.396.4%

Groceries

ItemBaxterNational avg.Difference
Ground Beef $4.06$4.489.3%
Fried Chicken $1.33$1.469.2%
Milk $2.03$2.3613.9%
Potatoes $2.20$3.0628.1%
Pizza $8.00$9.2413.4%
Beer $8.55$8.631.0%

Health Care

ItemBaxterNational avg.Difference
Optometrist $90.00$99.789.8%
Doctor $91.67$105.0312.7%
Dentist $66.50$88.7025.0%
Ibuprofen $8.52$9.419.5%
Lipitor $309.67$298.503.7%

Housing

ItemBaxterNational avg.Difference
Home Price $96,000.00$175,700.0045.4%
Avg. Mortgage Payment $803.38$1,081.0325.7%
Apartment Rent $479.00$920.0047.9%

Transportation

ItemBaxterNational avg.Difference
Gasoline $1.98$2.095.5%
Tire Balancing $40.00$45.2911.7%

Utilities

ItemBaxterNational avg.Difference
All Electricity$141.04$170.8017.4%
Phone $24.80$28.2612.2%
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.
Gainesboro, TN1,03777-23%
Dodson Branch, TN1,35880-20%
Smithville, TN4,58780-20%
Algood, TN3,53883-17%
Cookeville, TN31,00488-12%
Baxter, TN1,53379-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hill City, KS1,53381-19%
Glen Gardner, NJ1,53311111%
China Spring, TX1,53389-11%
Kersey, CO1,53394-6%
Jerome, IL1,53287-13%
Baxter, TN1,53379-21%
Source: The Baxter, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.