Vonore, Tennessee Cost Of Living

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Overall 16%

Goods & Services 15%

Housing 22%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Vonore	Tennessee	National
Cost of living	84	89	100
Goods & Services	85	93	100
Groceries	87	94	100
Health care	92	91	100
Housing	78	80	100
Transportation	83	88	100
Utilities	96	92	100

Key findings

The cost of living in Vonore is 5% lower than the Tennessee average
The cost of living in Vonore is 16% lower than the national average
Vonore housing is 22% 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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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	$53,000	$4,417	$1,237	$1,590
Renters	$26,813	$2,234	$626	$804

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	Vonore	National avg.	Difference
Haircut	$15.40	$20.27	24.0%
Beauty Salon	$38.07	$40.39	5.8%
Toothpaste	$1.35	$2.36	42.6%
Shampoo	$0.85	$1.08	21.0%
Movie	$10.36	$10.99	5.7%
Bowling	$21.40	$15.49	38.1%

Groceries

Item	Vonore	National avg.	Difference
Ground Beef	$3.88	$4.30	9.8%
Fried Chicken	$0.98	$1.40	30.0%
Milk	$1.88	$2.20	14.5%
Potatoes	$3.02	$3.22	6.2%
Pizza	$9.99	$10.74	7.0%
Beer	$9.91	$9.60	3.3%

Health Care

Item	Vonore	National avg.	Difference
Optometrist	$91.00	$109.73	17.1%
Doctor	$103.60	$118.34	12.5%
Dentist	$90.27	$100.94	10.6%
Ibuprofen	$9.19	$9.93	7.5%
Lipitor	$494.20	$469.53	5.3%

Housing

Item	Vonore	National avg.	Difference
Home Price	$154,800.00	$184,700.00	16.2%
Avg. Mortgage Payment	$899.42	$1,229.62	26.9%
Apartment Rent	$600.00	$949.00	36.8%

Transportation

Item	Vonore	National avg.	Difference
Gasoline	$2.52	$2.71	7.2%
Tire Balancing	$34.39	$51.86	33.7%

Utilities

Item	Vonore	National avg.	Difference
All Electricity	$158.33	$170.84	7.3%
Phone	$188.34	$187.18	0.6%

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.
Englewood, TN	1,785	74	25.7%
Philadelphia, TN	1,023	77	23.2%
Madisonville, TN	4,727	78	22.1%
Loudon, TN	5,701	79	21.1%
Sweetwater, TN	5,877	78	22.0%
Vonore, TN	1,799	84	15.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Owens Cross Roads, AL	1,799	89	11.0%
Pine Canyon, CA	1,799	122	21.9%
Howard City, MI	1,799	82	18.2%
Mercer, PA	1,799	91	8.8%
Twin Lakes, VA	1,799	108	8.1%
Vonore, TN	1,799	84	15.7%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.