Central 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.
IndexCentralTennesseeNational
Cost of living index8890100
IndexCentralTennesseeNational
Goods & Services index10097100
Groceries index9793100
Health care index9890100
Housing index6680100
Transportation index9590100
Utilities index9192100

Did you know?

  • The cost of living in Central is 3% lower than the Tennessee average.
  • The cost of living in Central is 12% lower than the national average.
  • The cost of housing in Central 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$32,616$2,718$761$979
Renters$18,200$1,517$425$546

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

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

Goods & Services

ItemCentralNational avg.Difference
Haircut $15.67$15.560.7%
Beauty Salon $36.45$36.110.9%
Toothpaste $2.18$2.4712.0%
Shampoo $0.99$0.962.2%
Movie $10.67$10.135.4%
Bowling $5.00$4.745.6%

Groceries

ItemCentralNational avg.Difference
Ground Beef $4.40$3.9810.4%
Fried Chicken $1.25$1.4110.9%
Milk $1.74$2.0615.5%
Potatoes $3.17$2.986.3%
Pizza $11.41$9.4720.4%
Beer $8.84$8.790.5%

Health Care

ItemCentralNational avg.Difference
Optometrist $84.33$101.0416.5%
Doctor $87.51$107.4418.6%
Dentist $105.39$90.4216.6%
Ibuprofen $8.08$9.2813.0%
Lipitor $389.46$426.508.7%

Housing

ItemCentralNational avg.Difference
Home Price $112,300.00$175,700.0036.1%
Avg. Mortgage Payment $1,062.90$1,133.236.2%
Apartment Rent $645.00$920.0029.9%

Transportation

ItemCentralNational avg.Difference
Gasoline $1.97$1.991.1%
Tire Balancing $39.32$45.7614.1%

Utilities

ItemCentralNational avg.Difference
All Electricity$156.65$163.814.4%
Phone $24.49$28.3913.7%
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.
Banner Hill, TN1,47084-16%
Roan Mountain, TN1,59584-16%
Watauga, TN36084-16%
Telford, TN85290-10%
Bluff City, TN1,79191-9%
Central, TN2,06088-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Tuckerman, AR2,06074-26%
Chouteau, OK2,06085-15%
Maple Lake, MN2,06195-5%
Cave Junction, OR2,05994-6%
Oakbrook Terrace, IL2,06112323%
Central, TN2,06088-12%
Source: The Central, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.