| Index | Clinton | Tennessee | National |
| Cost of living | 93 | 92 | 100 |
| Groceries | 95 | 98 | 100 |
| Health care | 99 | 97 | 100 |
| Housing | 86 | 80 | 100 |
| Transportation | 95 | 97 | 100 |
| Utilities | 95 | 98 | 100 |
| Lifestyle & Entertainment | 96 | 97 | 100 |
| Household Items | 96 | 98 | 100 |
| Education & Childcare | 102 | 97 | 100 |
Understanding the cost of living in Clinton can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Clinton cost of living index is 93, which is 7% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Clinton is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Wondering if Clinton is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Clinton, for example, the median home price is 10.9% lower than what folks pay nationally, and monthly rent is 22.9% lower than the usual rates. Plus, income levels matter too, with Clinton boasting a median household income of $74,409, which is 8.5% lower than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Clinton, the utilities index registers at 4.6% lower than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Clinton, the groceries index is 4.6% lower than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Clinton, the general sales tax rate starts at 7%, and income tax rates begin at 0%.
The Clinton cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $101,168 | $8,431 | $2,360 | $3,035 |
| Renters | $40,390 | $3,366 | $942 | $1,212 |
| State | General Sales Tax | With Max Surtax |
| Tennessee | 7% | 9.75% |
| State | Income Tax (Low) | Income Tax (High) |
| Tennessee | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Lake City, TN | 1,915 | 79 | 21.3% |
| Oliver Springs, TN | 4,054 | 87 | 13.3% |
| Knoxville, TN | 193,504 | 92 | 7.6% |
| Oak Ridge, TN | 29,938 | 94 | 5.7% |
| Andersonville, TN | 445 | 100 | 0.4% |
| Clinton, TN | 10,217 | 93 | 6.6% |
| City | Population | Cost of Living Index | National Avg. |
| Madera Acres, CA | 10,217 | 125 | 25.1% |
| Pleasant Hill, IA | 10,217 | 101 | 1.4% |
| Friendly, MD | 10,219 | 136 | 35.9% |
| Jennings, LA | 10,220 | 85 | 14.9% |
| Hampton, NH | 10,213 | 132 | 32.4% |
| Clinton, TN | 10,217 | 93 | 6.6% |
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