Fairmount 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.
IndexFairmountTennesseeNational
Cost of living index11289100
IndexFairmountTennesseeNational
Goods & Services index9393100
Groceries index10095100
Health care index9689100
Housing index15280100
Transportation index9188100
Utilities index9396100
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Did you know?

  • The cost of living in Fairmount is 26% higher than the Tennessee average.
  • The cost of living in Fairmount is 12% higher than the national average.
  • The cost of housing in Fairmount is 52% higher than the national average.
  • Tennessee general sales tax is 37% higher than the national average.
  • Tennessee state income tax is 170% higher than the national average.

Compare Fairmount, TN Cost of living To Other Cities

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$118,527$9,877$2,765$3,556
      Renters$45,167$3,764$1,054$1,355

      Tennessee Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Tennessee7%9.75%

      Tennessee Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Tennessee6%6%

      Goods & Services

      ItemFairmountNational avg.Difference
      Haircut $14.60$17.4916.5%
      Beauty Salon $43.00$38.1712.7%
      Toothpaste $1.88$2.3219.0%
      Shampoo $0.85$1.0116.0%
      Movie $11.55$10.727.7%
      Bowling $13.80$13.860.4%

      Groceries

      ItemFairmountNational avg.Difference
      Ground Beef $3.76$3.903.6%
      Fried Chicken $1.08$1.4022.6%
      Milk $2.05$1.964.5%
      Potatoes $4.30$3.1835.1%
      Pizza $9.99$10.393.9%
      Beer $9.99$9.238.2%

      Health Care

      ItemFairmountNational avg.Difference
      Optometrist $90.00$106.3415.4%
      Doctor $125.00$115.258.5%
      Dentist $86.60$98.3812.0%
      Ibuprofen $7.98$9.2613.8%
      Lipitor $487.30$466.474.5%

      Housing

      ItemFairmountNational avg.Difference
      Home Price $332,000.00$184,700.0079.8%
      Avg. Mortgage Payment $1,264.30$1,273.320.7%
      Apartment Rent $842.00$949.0011.3%

      Transportation

      ItemFairmountNational avg.Difference
      Gasoline $2.36$2.598.9%
      Tire Balancing $46.20$48.905.5%

      Utilities

      ItemFairmountNational avg.Difference
      All Electricity$145.74$167.6013.0%
      Phone $182.13$163.4211.5%
      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.
      Palmer, TN69179-21%
      Rossville, GA4,02081-19%
      Whitwell, TN2,12982-18%
      Lakeview, GA6,06183-17%
      Powells Crossroads, TN1,33885-15%
      Fairmount, TN3,19711212%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Orchard Park, NY3,1971022%
      Clyde Hill, WA3,197298198%
      Ahtanum, WA3,19798-2%
      DeWitt, AR3,19780-20%
      Warrior, AL3,19879-21%
      Fairmount, TN3,19711212%
      Source: The Fairmount, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.