Collinwood 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.
IndexCollinwoodTennesseeNational
Cost of living index8190100
IndexCollinwoodTennesseeNational
Goods & Services index9697100
Groceries index9693100
Health care index8490100
Housing index4580100
Transportation index9490100
Utilities index10492100

Did you know?

  • The cost of living in Collinwood is 10% lower than the Tennessee average.
  • The cost of living in Collinwood is 19% lower than the national average.
  • The cost of housing in Collinwood is 55% 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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Compare Collinwood, TN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$38,750$3,229$904$1,163
Renters$26,071$2,173$608$782

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

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

Goods & Services

ItemCollinwoodNational avg.Difference
Haircut $14.17$15.569.0%
Beauty Salon $29.93$36.1117.1%
Toothpaste $2.16$2.4712.6%
Shampoo $1.03$0.967.1%
Movie $11.05$10.139.1%
Bowling $4.75$4.740.4%

Groceries

ItemCollinwoodNational avg.Difference
Ground Beef $3.84$3.983.5%
Fried Chicken $1.32$1.416.0%
Milk $1.81$2.0612.3%
Potatoes $2.67$2.9810.4%
Pizza $8.49$9.4710.4%
Beer $8.18$8.797.0%

Health Care

ItemCollinwoodNational avg.Difference
Optometrist $75.13$101.0425.6%
Doctor $74.33$107.4430.8%
Dentist $76.27$90.4215.6%
Ibuprofen $8.44$9.289.0%
Lipitor $431.13$426.501.1%

Housing

ItemCollinwoodNational avg.Difference
Home Price $75,800.00$175,700.0056.9%
Avg. Mortgage Payment $877.10$1,133.2322.6%
Apartment Rent $452.00$920.0050.9%

Transportation

ItemCollinwoodNational avg.Difference
Gasoline $1.86$1.996.9%
Tire Balancing $44.57$45.762.6%

Utilities

ItemCollinwoodNational avg.Difference
All Electricity$162.64$163.810.7%
Phone $31.58$28.3911.2%
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.
Iron City, TN24573-27%
Waynesboro, TN2,64978-22%
St. Joseph, TN87882-18%
Clifton, TN2,68485-15%
Collinwood, TN94181-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brantleyville, AL94178-22%
Mesita, NM94178-22%
Parksley, VA94194-6%
Mansfield, IL94186-14%
South Henderson, NC94175-25%
Collinwood, TN94181-19%
Source: The Collinwood, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.