Cost Of Living In New Deal, TN

New Deal 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.
Index	New Deal	Tennessee	National
Cost of living index	89	90	100
Index	New Deal	Tennessee	National
Goods & Services index	103	97	100
Groceries index	96	93	100
Health care index	83	90	100
Housing index	68	80	100
Transportation index	102	90	100
Utilities index	90	92	100

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The cost of living in New Deal is 1% lower than the Tennessee average.
The cost of living in New Deal is 11% lower than the national average.
The cost of housing in New Deal is 32% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$48,315	$4,026	$1,127	$1,450
Renters	$29,500	$2,458	$688	$885

Tennessee Sales Tax

State	General Sales Tax	With Max Surtax
Tennessee	7%	9.75%

Tennessee Income Tax

State	Income Tax (Low)	Income Tax (High)
Tennessee	0%	0%

Goods & Services

Item	New Deal	National avg.	Difference
Haircut	$16.00	$15.56	2.8%
Beauty Salon	$40.57	$36.11	12.4%
Toothpaste	$2.83	$2.47	14.3%
Shampoo	$1.09	$0.96	13.3%
Movie	$10.77	$10.13	6.3%
Bowling	$4.30	$4.74	9.2%

Groceries

Item	New Deal	National avg.	Difference
Ground Beef	$3.52	$3.98	11.6%
Fried Chicken	$1.27	$1.41	9.5%
Milk	$1.93	$2.06	6.6%
Potatoes	$2.88	$2.98	3.3%
Pizza	$9.41	$9.47	0.7%
Beer	$8.82	$8.79	0.3%

Health Care

Item	New Deal	National avg.	Difference
Optometrist	$74.11	$101.04	26.7%
Doctor	$79.17	$107.44	26.3%
Dentist	$74.80	$90.42	17.3%
Ibuprofen	$8.84	$9.28	4.7%
Lipitor	$390.53	$426.50	8.4%

Housing

Item	New Deal	National avg.	Difference
Home Price	$102,500.00	$175,700.00	41.7%
Avg. Mortgage Payment	$943.35	$1,133.23	16.8%
Apartment Rent	$820.00	$920.00	10.9%

Transportation

Item	New Deal	National avg.	Difference
Gasoline	$1.75	$1.99	12.1%
Tire Balancing	$60.53	$45.76	32.3%

Utilities

Item	New Deal	National avg.	Difference
All Electricity	$153.24	$163.81	6.5%
Phone	$24.50	$28.39	13.7%

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, State	Population	Cost of Living Index	National Avg.
Fairfield, TN	357	71	-29%
Mitchellville, TN	151	84	-16%
Castalian Springs, TN	965	87	-13%
Franklin, KY	8,563	85	-15%
Graball, TN	127	89	-11%
New Deal, TN	393	89	-11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Arrey, NM	393	77	-23%
Walloon Lake, MI	393	95	-5%
Bowerston, OH	393	81	-19%
South Bethany, DE	393	163	63%
Hayesville, NC	393	81	-19%
New Deal, TN	393	89	-11%

Source: The New Deal, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

New Deal, TN Cost of Living