Eagleton Village 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.
IndexEagleton VillageTennesseeNational
Cost of living index8391100
IndexEagleton VillageTennesseeNational
Goods & Services index9398100
Groceries index8492100
Health care index8989100
Housing index6680100
Transportation index9093100
Utilities index9091100
A general summary of the cost of living index in Eagleton Village, TN is shown above. Compared to the state average of Tennessee the cost of living index in Eagleton Village, TN is 83, which is 9% lower than the average in Tennessee and compared to the national average it is 17% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Eagleton Village, TN goods and services come in at 6% lower than the average in Tennessee and are 7% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Eagleton Village is 9% lower than the Tennessee average.
  • The cost of living in Eagleton Village is 17% lower than the national average.
  • The cost of housing in Eagleton Village 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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Compare Eagleton Village, TN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Eagleton Village, TN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Eagleton Village, TN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Eagleton Village, TN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$44,464$3,705$1,037$1,334
Renters$18,750$1,563$437$563
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Eagleton Village, 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 Eagleton Village, TN homeowners, is $44,464. This would allow for a maximum of $1,037 per month to be spent on housing costs. For renters, the median monthly income is $18,750 which would result in a maximum of $437 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%
When considering the overall cost of living expenses in Eagleton Village, TN, it's important to take into account the sales tax for Tennessee, as well as the rate for income tax in Tennessee. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Tennessee is 9.75%, and the sales tax in the state of Tennessee is 7%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Tennessee starts from 0% and goes up to 0%.

Goods & Services

ItemEagleton VillageNational avg.Difference
Haircut $13.20$14.599.5%
Beauty Salon $34.00$34.682.0%
Toothpaste $1.49$2.4739.8%
Shampoo $0.81$1.0220.7%
Movie $9.85$9.870.2%
Bowling $4.06$4.397.6%

Groceries

ItemEagleton VillageNational avg.Difference
Ground Beef $3.92$4.4812.4%
Fried Chicken $0.98$1.4633.1%
Milk $2.33$2.361.1%
Potatoes $2.78$3.069.2%
Pizza $10.24$9.2410.8%
Beer $8.46$8.632.0%

Health Care

ItemEagleton VillageNational avg.Difference
Optometrist $84.80$99.7815.0%
Doctor $93.00$105.0311.5%
Dentist $75.00$88.7015.4%
Ibuprofen $7.98$9.4115.2%
Lipitor $288.60$298.503.3%

Housing

ItemEagleton VillageNational avg.Difference
Home Price $107,100.00$175,700.0039.0%
Avg. Mortgage Payment $877.66$1,081.0318.8%
Apartment Rent $707.00$920.0023.2%

Transportation

ItemEagleton VillageNational avg.Difference
Gasoline $1.99$2.094.8%
Tire Balancing $33.96$45.2925.0%

Utilities

ItemEagleton VillageNational avg.Difference
All Electricity$154.26$170.809.7%
Phone $25.37$28.2610.2%
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.
Knoxville, TN181,75984-16%
Alcoa, TN8,55685-15%
Friendsville, TN84585-15%
Greenback, TN1,03288-12%
Seymour, TN10,70389-11%
Eagleton Village, TN3,96983-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Charlotte Harbor, FL3,96993-7%
Lake of the Woods, AZ3,97093-7%
Tabor City, NC3,97087-13%
Pilot Point, TX3,96786-14%
University Center, VA3,96712020%
Eagleton Village, TN3,96983-17%
Source: The Eagleton Village, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.