Huntingdon 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.
IndexHuntingdonTennesseeNational
Cost of living index8691100
IndexHuntingdonTennesseeNational
Goods & Services index11398100
Groceries index8992100
Health care index9189100
Housing index5180100
Transportation index9693100
Utilities index9091100
An overview of the general cost of living index for Huntingdon, TN is displayed above for your reference. Residents in Huntingdon, TN enjoy a cost of living index of 86. This index is 5% lower than the Tennessee average, and 14% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Huntingdon, TN, the average cost of goods and services is 15% higher than it is in Tennessee, and it is 13% higher than the national average.

Did you know?

  • The cost of living in Huntingdon is 5% lower than the Tennessee average.
  • The cost of living in Huntingdon is 14% lower than the national average.
  • The cost of housing in Huntingdon is 49% 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 Huntingdon, TN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Huntingdon, 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 Huntingdon, TN, then you would need to earn more income in order to maintain the same standard of living. To use the Huntingdon, 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$48,627$4,052$1,135$1,459
Renters$11,480$957$268$344
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Huntingdon, TN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Huntingdon, TN homeowners have a median income of $48,627. Using that number, you will come up with a maximum of $1,135 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $11,480, which means there is a maximum of $268 to be spent on the costs of renting a home or apartment.

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%
For those who live in Huntingdon, TN and want to know what the true cost of living is, they ought to look at both the Tennessee income tax rate and the Tennessee sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Tennessee, the sales tax is 7%, while the most you'll pay in surtax is 9.75%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Tennessee, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemHuntingdonNational avg.Difference
Haircut $13.25$14.599.2%
Beauty Salon $32.00$34.687.7%
Toothpaste $1.50$2.4739.4%
Shampoo $1.33$1.0230.1%
Movie $9.00$9.878.8%
Bowling $4.10$4.396.6%

Groceries

ItemHuntingdonNational avg.Difference
Ground Beef $2.97$4.4833.7%
Fried Chicken $1.00$1.4631.7%
Milk $1.81$2.3623.2%
Potatoes $3.08$3.060.6%
Pizza $9.88$9.246.9%
Beer $7.97$8.637.7%

Health Care

ItemHuntingdonNational avg.Difference
Optometrist $110.00$99.7810.2%
Doctor $99.00$105.035.7%
Dentist $69.60$88.7021.5%
Ibuprofen $6.83$9.4127.4%
Lipitor $316.00$298.505.9%

Housing

ItemHuntingdonNational avg.Difference
Home Price $86,700.00$175,700.0050.7%
Avg. Mortgage Payment $769.34$1,081.0328.8%
Apartment Rent $502.00$920.0045.4%

Transportation

ItemHuntingdonNational avg.Difference
Gasoline $1.98$2.095.5%
Tire Balancing $46.00$45.291.6%

Utilities

ItemHuntingdonNational avg.Difference
All Electricity$158.55$170.807.2%
Phone $24.01$28.2615.0%
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.
Bruceton, TN1,77984-16%
Gleason, TN1,36584-16%
Trezevant, TN88584-16%
Henry, TN48085-15%
Atwood, TN96686-14%
Huntingdon, TN3,97986-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Spencer, OK3,97981-19%
Indian River Shores, FL3,98018787%
Campbelltown, PA3,9781088%
Three Rivers, OR3,98111212%
Kittanning, PA3,97785-15%
Huntingdon, TN3,97986-14%
Source: The Huntingdon, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.