Oliver Springs 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.
IndexOliver SpringsTennesseeNational
Cost of living index8091100
IndexOliver SpringsTennesseeNational
Goods & Services index9398100
Groceries index8492100
Health care index8989100
Housing index5780100
Transportation index9093100
Utilities index9091100

Did you know?

  • The cost of living in Oliver Springs is 12% lower than the Tennessee average.
  • The cost of living in Oliver Springs is 20% lower than the national average.
  • The cost of housing in Oliver Springs is 43% 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 Oliver Springs, 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$47,266$3,939$1,103$1,418
Renters$23,701$1,975$553$711

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

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

Goods & Services

ItemOliver SpringsNational avg.Difference
Haircut $13.20$14.599.5%
Beauty Salon $34.00$34.682.0%
Toothpaste $1.49$2.4739.8%
Shampoo $0.81$1.0220.7%
Movie $9.85$9.870.2%
Bowling $4.06$4.397.6%

Groceries

ItemOliver SpringsNational avg.Difference
Ground Beef $3.92$4.4812.4%
Fried Chicken $0.98$1.4633.1%
Milk $2.33$2.361.1%
Potatoes $2.78$3.069.2%
Pizza $10.24$9.2410.8%
Beer $8.46$8.632.0%

Health Care

ItemOliver SpringsNational avg.Difference
Optometrist $84.80$99.7815.0%
Doctor $93.00$105.0311.5%
Dentist $75.00$88.7015.4%
Ibuprofen $7.98$9.4115.2%
Lipitor $288.60$298.503.3%

Housing

ItemOliver SpringsNational avg.Difference
Home Price $97,900.00$175,700.0044.3%
Avg. Mortgage Payment $877.66$1,081.0318.8%
Apartment Rent $539.00$920.0041.4%

Transportation

ItemOliver SpringsNational avg.Difference
Gasoline $1.99$2.094.8%
Tire Balancing $33.96$45.2925.0%

Utilities

ItemOliver SpringsNational avg.Difference
All Electricity$154.26$170.809.7%
Phone $25.37$28.2610.2%
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.
Petros, TN55673-27%
Oakdale, TN23074-26%
Lake City, TN1,77375-25%
Wartburg, TN76479-21%
Midtown, TN1,52879-21%
Oliver Springs, TN3,06380-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pittsfield, ME3,063100-0%
Tishomingo, OK3,06375-25%
Hogansville, GA3,06390-10%
Calais, ME3,06395-5%
New Bremen, OH3,06394-6%
Oliver Springs, TN3,06380-20%
Source: The Oliver Springs, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.