Greeneville 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.
IndexGreenevilleTennesseeNational
Cost of living index8891100
IndexGreenevilleTennesseeNational
Goods & Services index10098100
Groceries index9192100
Health care index8989100
Housing index6680100
Transportation index9493100
Utilities index9891100
A general summary of the cost of living index in Greeneville, TN is shown above. Compared to the state average of Tennessee the cost of living index in Greeneville, TN is 88, which is 3% lower than the average in Tennessee and compared to the national average it is 12% 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 Greeneville, TN goods and services come in at 2% higher than the average in Tennessee and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Greeneville is 3% lower than the Tennessee average.
  • The cost of living in Greeneville is 12% lower than the national average.
  • The cost of housing in Greeneville 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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Salary Calculator

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Use the salary calculator to compare your current salary in Greeneville, TN to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Greeneville, TN, then you would need to earn more income in order to maintain the same standard of living. To use the Greeneville, TN salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,297$4,358$1,220$1,569
Renters$18,451$1,538$430$554
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Greeneville, TN, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Greeneville, TN has a median income of about $52,297 for people who own homes. Based on that number, a person should spend a maximum of $1,220 on expenses related to housing. Renters have a slightly different median income, which is $18,451. Based on this average, renters should spend no more than $430 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Greeneville, 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

ItemGreenevilleNational avg.Difference
Haircut $11.00$14.5924.6%
Beauty Salon $32.33$34.686.8%
Toothpaste $2.18$2.4711.9%
Shampoo $0.98$1.024.1%
Movie $10.50$9.876.4%
Bowling $3.85$4.3912.3%

Groceries

ItemGreenevilleNational avg.Difference
Ground Beef $4.67$4.484.3%
Fried Chicken $1.15$1.4621.5%
Milk $2.46$2.364.4%
Potatoes $3.31$3.068.1%
Pizza $11.49$9.2424.3%
Beer $8.58$8.630.6%

Health Care

ItemGreenevilleNational avg.Difference
Optometrist $101.67$99.781.9%
Doctor $89.33$105.0315.0%
Dentist $85.33$88.703.8%
Ibuprofen $7.97$9.4115.3%
Lipitor $246.50$298.5017.4%

Housing

ItemGreenevilleNational avg.Difference
Home Price $124,300.00$175,700.0029.3%
Avg. Mortgage Payment $818.14$1,081.0324.3%
Apartment Rent $509.00$920.0044.7%

Transportation

ItemGreenevilleNational avg.Difference
Gasoline $2.04$2.092.6%
Tire Balancing $39.00$45.2913.9%

Utilities

ItemGreenevilleNational avg.Difference
All Electricity$153.53$170.8010.1%
Phone $30.65$28.268.5%
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.
Baileyton, TN49383-17%
Bulls Gap, TN60684-16%
Mosheim, TN2,60485-15%
Tusculum, TN2,65994-6%
Greeneville, TN15,01588-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Indianola, IA15,01490-10%
Traverse City, MI15,00698-2%
Fords, NJ15,02812323%
Scottsbluff, NE14,99883-17%
Manassas Park, VA14,99211010%
Greeneville, TN15,01588-12%
Source: The Greeneville, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.