Gainesboro 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.
IndexGainesboroTennesseeNational
Cost of living index7791100
IndexGainesboroTennesseeNational
Goods & Services index9098100
Groceries index9392100
Health care index8789100
Housing index4880100
Transportation index9393100
Utilities index8591100

Did you know?

  • The cost of living in Gainesboro is 15% lower than the Tennessee average.
  • The cost of living in Gainesboro is 23% lower than the national average.
  • The cost of housing in Gainesboro is 52% 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 Gainesboro, 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$28,750$2,396$671$863
Renters$11,563$964$270$347

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

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

Goods & Services

ItemGainesboroNational 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

ItemGainesboroNational 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

ItemGainesboroNational 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

ItemGainesboroNational avg.Difference
Home Price $87,800.00$175,700.0050.0%
Avg. Mortgage Payment $803.38$1,081.0325.7%
Apartment Rent $388.00$920.0057.8%

Transportation

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

Utilities

ItemGainesboroNational 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.
Red Boiling Springs, TN1,13876-24%
Celina, TN1,49777-23%
Baxter, TN1,53379-21%
Dodson Branch, TN1,35880-20%
Algood, TN3,53883-17%
Gainesboro, TN1,03777-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Coal Fork, WV1,03786-14%
Ponderosa Pine, NM1,03711818%
Excel, AL1,03789-11%
Grand Marais, MN1,0371077%
Elmo, TX1,03789-11%
Gainesboro, TN1,03777-23%
Source: The Gainesboro, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.