Lakesite 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.
IndexLakesiteTennesseeNational
Cost of living index9491100
IndexLakesiteTennesseeNational
Goods & Services index9498100
Groceries index9292100
Health care index8889100
Housing index10280100
Transportation index8893100
Utilities index8191100

Did you know?

  • The cost of living in Lakesite is 4% higher than the Tennessee average.
  • The cost of living in Lakesite is 6% lower than the national average.
  • The cost of housing in Lakesite is 2% higher 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 Lakesite, 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$81,771$6,814$1,908$2,453
Renters$27,813$2,318$649$834

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

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

Goods & Services

ItemLakesiteNational avg.Difference
Haircut $13.50$14.597.5%
Beauty Salon $22.00$34.6836.6%
Toothpaste $2.66$2.477.6%
Shampoo $1.04$1.021.8%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemLakesiteNational avg.Difference
Ground Beef $4.55$4.481.6%
Fried Chicken $1.32$1.469.8%
Milk $2.22$2.365.8%
Potatoes $2.82$3.067.9%
Pizza $8.99$9.242.7%
Beer $7.96$8.637.8%

Health Care

ItemLakesiteNational avg.Difference
Optometrist $111.00$99.7811.2%
Doctor $80.00$105.0323.8%
Dentist $70.33$88.7020.7%
Ibuprofen $8.98$9.414.6%
Lipitor $320.11$298.507.2%

Housing

ItemLakesiteNational avg.Difference
Home Price $193,500.00$175,700.0010.1%
Avg. Mortgage Payment $957.87$1,081.0311.4%
Apartment Rent $749.00$920.0018.6%

Transportation

ItemLakesiteNational avg.Difference
Gasoline $1.88$2.0910.1%
Tire Balancing $36.67$45.2919.0%

Utilities

ItemLakesiteNational avg.Difference
All Electricity$136.77$170.8019.9%
Phone $23.50$28.2616.8%
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.
South Cleveland, TN5,95184-16%
East Ridge, TN21,22089-11%
Red Bank, TN11,75989-11%
Dunlap, TN4,95389-11%
Ooltewah, TN32589-11%
Lakesite, TN2,04694-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
South Creek, WA2,04511212%
Aberdeen, ID2,04779-21%
Greenfield, IA2,04580-20%
Fairlea, WV2,04781-19%
South Browning, MT2,04574-26%
Lakesite, TN2,04694-6%
Source: The Lakesite, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.