Cost Of Living in Colonial Heights, TN

Get 300+ Local Insights for Any Address in Colonial Heights, TN

Get Access to 300+ Local Data Points

A+

10%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

15%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Colonial Heights	Tennessee	National
Cost of living	90	89	100
Goods & Services	93	94	100
Groceries	95	98	100
Health care	88	88	100
Housing	85	80	100
Transportation	82	89	100
Utilities	99	93	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Colonial Heights is 1% higher than the Tennessee average
The cost of living in Colonial Heights is 10% lower than the national average
Colonial Heights housing is 15% 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

Most Affordable Places to Live in and Around Colonial Heights

See all the best places to live around Colonial Heights

Compare Colonial Heights, TN Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Colonial Heights poll results

The best places in Tennessee

Here are the best places to live in Tennessee

These are the 10 cheapest cities in Tennessee

Check out the 10 most dangerous cities in Tennessee

Check out the 10 safest cities in Tennessee

Salary Calculator

This is how much you would need to earn in

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	$72,206	$6,017	$1,685	$2,166
Renters	$0	$0	$0	$0

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Colonial Heights, TN, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Colonial Heights homeowners, is $72,206. This would allow for a maximum of $1,685 per month to be spent on housing costs. For renters, the median monthly income is $0 which would result in a maximum of $0 to be spent on rental costs.

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	Colonial Heights	National avg.	Difference
Haircut	$23.91	$24.26	1.4%
Beauty Salon	$45.13	$45.56	0.9%
Toothpaste	$3.58	$3.70	3.4%
Shampoo	$1.19	$1.28	7.3%
Movie	$14.09	$12.13	16.1%
Bowling	$19.33	$18.00	7.4%

Groceries

Item	Colonial Heights	National avg.	Difference
Ground Beef	$6.20	$5.84	6.1%
Fried Chicken	$1.66	$1.57	5.3%
Milk	$4.67	$4.67	0.0%
Potatoes	$5.02	$4.93	1.7%
Pizza	$11.91	$12.09	1.5%
Beer	$9.97	$10.41	4.2%

Health Care

Item	Colonial Heights	National avg.	Difference
Optometrist	$87.33	$125.68	30.5%
Doctor	$108.51	$135.78	20.1%
Dentist	$96.95	$113.29	14.4%
Ibuprofen	$10.49	$10.65	1.5%
Lipitor	$471.32	$468.60	0.6%

Housing

Item	Colonial Heights	National avg.	Difference
Home Price	$147,200.00	$184,700.00	20.3%
Avg. Mortgage Payment	$1,808.85	$2,346.69	22.9%
Apartment Rent	$912.00	$949.00	3.9%

Transportation

Item	Colonial Heights	National avg.	Difference
Gasoline	$3.08	$3.46	10.9%
Tire Balancing	$51.47	$59.92	14.1%

Utilities

Item	Colonial Heights	National avg.	Difference
All Electricity	$161.17	$193.99	16.9%
Phone	$192.18	$192.25	0.0%

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	Population	Cost of Living Index	National Avg.
Clinchport, VA	48	92	7.5%
Weber City, VA	1,580	83	17.2%
Fall Branch, TN	1,180	83	17.0%
Bloomingdale, TN	9,428	83	16.5%
Bluff City, TN	2,093	84	16.0%
Colonial Heights, TN	2,889	90	9.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Butler, IN	2,889	85	15.3%
Peguis 1B, MB	2,889	n/a
Acres Green, CO	2,888	136	36.2%
Fowlerville, MI	2,888	96	4.3%
Gladwin, MI	2,888	81	18.8%
Colonial Heights, TN	2,889	90	9.9%