Bolivar, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Bolivar, TN Summary

Cost of living in Bolivar research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bolivar is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Bolivar is 80, with 100 being the average.

  • The cost of living index in Bolivar is 0.8x lower than the national average.

  • Bolivar ranks as the #13 cheapest in Tennessee out of 105.

  • Bolivar ranks as the #211 cheapest out of 6,412 in the US.

  • The median home value in Bolivar is $97,400.

  • The median income in Bolivar is $33,303.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
80
Bolivar's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Bolivar, TN?

According to the most recent data on the cost of living, Bolivar has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.

Compared to Tennessee, Bolivar has a cost of living index that's 0.9x lower than Tennessee's index of 90.

The standard of living in Bolivar ranks as #13 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Bolivar ranks as the #92 most expensive place in the Volunteer State.

For more reading on life in Bolivar, check out:

13 out of 105
In Tennessee
211 out of 6,412
In America

Bolivar Cost Of Living Vs. Tennessee

Six factors go into calculating the cost of living index in Bolivar. Here is how it fairs on each of the criteria:

  • The Services index in Bolivar is 93.

  • The Groceries index in Bolivar is 90.

  • The Health index in Bolivar is 81.

  • The Housing index in Bolivar is 53.

  • The Transportation index in Bolivar is 87.

  • The Utilities index in Bolivar is 94.

Living Expense Bolivar Tennessee National Average
Overall 80 90 100
Services 93 93 100
Groceries 90 96 100
Health 81 88 100
Housing 53 82 100
Transportation 87 90 100
Utilities 94 93 100
For more reading on cost of living around Tennessee, check out:
Bolivar Cost of Living Vs. TN

Bolivar, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Bolivar is $97,400.

  • The Median Rent in Bolivar is $829.

  • The Median Income in Bolivar is $33,303.

  • The Home Value To Income in Bolivar is 2.9x.

  • The Rent To Monthly Income in Bolivar is 0.3x.

Statistic Bolivar Tennessee United States
Median Home Value $97,400 $193,700 $244,900
Median Rent $829 $951 $1,163
Median Income $33,303 $58,516 $69,021
Home Value To Income 2.9x 3.3x 3.5x
Rent To Monthly Income 0.3x 0.2x 0.2x
Search Homes For Sale In Bolivar, TN
$97,400
Median Home Value
$829
Median Rent
$33,303
Median Income

Bolivar, TN Costs By Category

Detailed Bolivar Services Costs Vs. Tennessee

Item Bolivar Tennessee
Shampoo $0.91 $1.06
Movie $8.86 $10.68
Bowling $17.17 $14.67
Haircut $20.31 $18.62
Beauty Salon $37.5 $39.05

Detailed Bolivar Groceries Costs Vs. Tennessee

Item Bolivar Tennessee
Ground Beef $4.12 $4.22
Fried Chicken $1.11 $1.39
Milk $1.8 $2.05
Potatoes $2.96 $3.29
Pizza $9.82 $10.62
Beer $9.68 $9.38
Toothpaste $1.68 $2.34

Detailed Bolivar Health Costs Vs. Tennessee

Item Bolivar Tennessee
Optometrist $96.67 $108.57
Doctor $130.0 $116.17
Dentist $66.83 $99.13

Detailed Bolivar Transportation Costs Vs. Tennessee

Item Bolivar Tennessee
Gasoline $1.99 $2.22
Tire Balancing $42.83 $50.07

Detailed Bolivar Utilities Costs Vs. Tennessee

Item Bolivar Tennessee
All Electricity $154.05 $167.67
Phone $184.96 $175.64

Bolivar SnackAbility

4
/10
Overall SnackAbility
Jobs
3/10
Housing
5
Affordability
5
Diversity
8.5
Safety
3
Amenities
6
Education
4
Commute
6

Cost Of Living In Cities Around Bolivar

The cost of living varies in the cities and towns around Bolivar. Here's a quick look at the cost of living in the most populous nearby places:

  • Bartlett, TN has a cost of living index of 93, 1.2x Bolivar.

  • Collierville, TN has a cost of living index of 107, 1.3x Bolivar.

  • Germantown, TN has a cost of living index of 108, 1.4x Bolivar.

City Population Cost Of Living Vs. Bolivar
Bartlett, TN 57,639 93 1.2x
Collierville, TN 50,669 107 1.3x
Germantown, TN 40,955 108 1.4x
Corinth, MS 14,545 82 1.0x
Arlington, TN 14,158 103 1.3x
Millington, TN 10,583 83 1.0x
Atoka, TN 9,863 95 1.2x
Oakland, TN 8,805 96 1.2x
Munford, TN 6,269 87 1.1x
Ripley, MS 5,412 78 1.0x

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