Haynes Area, Tennessee Cost Of Living

Buy Rent

B

Overall 11%

Goods & Services 2%

Housing 29%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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	Haynes Area	Nashville	Tennessee
Cost of living	89	96	89
Goods & Services	98	98	93
Groceries	98	98	94
Health care	93	93	91
Housing	71	95	80
Transportation	96	96	88
Utilities	91	91	92

Key findings

The cost of living in Haynes Area is equal to the Nashville average
The cost of living in Haynes Area is 11% lower than the national average
Haynes Area housing is 29% lower than the national average
Tennessee general sales tax is 37% higher than the national average
Tennessee state income tax is 59% lower than the national average

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Compare Nashville, TN Cost of Living

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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)
Household	$33,328	$2,777	$778	$1,000

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	1%	1%

Goods & Services

Item	Nashville	National avg.	Difference
Haircut	$20.02	$20.27	1.3%
Beauty Salon	$35.66	$40.39	11.7%
Toothpaste	$1.91	$2.36	19.2%
Shampoo	$0.95	$1.08	11.7%
Movie	$12.04	$10.99	9.6%
Bowling	$20.32	$15.49	31.2%

Groceries

Item	Nashville	National avg.	Difference
Ground Beef	$4.91	$4.30	14.3%
Fried Chicken	$1.09	$1.40	22.3%
Milk	$2.09	$2.20	5.3%
Potatoes	$3.08	$3.22	4.3%
Pizza	$10.16	$10.74	5.4%
Beer	$9.71	$9.60	1.2%

Health Care

Item	Nashville	National avg.	Difference
Optometrist	$93.44	$109.73	14.8%
Doctor	$100.75	$118.34	14.9%
Dentist	$99.76	$100.94	1.2%
Ibuprofen	$9.16	$9.93	7.7%
Lipitor	$457.47	$469.53	2.6%

Housing

Item	Nashville	National avg.	Difference
Home Price	$174,600.00	$184,700.00	5.5%
Avg. Mortgage Payment	$1,133.48	$1,229.62	7.8%
Apartment Rent	$902.00	$949.00	5.0%

Transportation

Item	Nashville	National avg.	Difference
Gasoline	$2.51	$2.71	7.5%
Tire Balancing	$53.50	$51.86	3.2%

Utilities

Item	Nashville	National avg.	Difference
All Electricity	$142.75	$170.84	16.4%
Phone	$189.02	$187.18	1.0%

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, State	Population	Cost of Living Index	National Avg.
Ashland City, TN	4,648	89	-11%
Greenbrier, TN	6,684	91	-9%
La Vergne, TN	34,451	92	-8%
Millersville, TN	6,602	93	-7%
Ridgetop, TN	2,182	96	-4%
Nashville, TN	643,771	96	-4%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Memphis, TN	655,857	81	-19%
Boston, MA	658,279	146	46%
Washington, DC	659,009	151	51%
Denver, CO	663,303	116	16%
Baltimore, MD	621,000	99	-1%
Nashville, TN	643,771	96	-4%

Source: The Haynes Area, Nashville, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.

Haynes Area, Nashville, TN Cost of Living