Elizabethton, TN Cost Of Living
Cost Of Living In Elizabethton, TN Summary
Cost of living in Elizabethton 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 Elizabethton 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 Elizabethton is 91, with 100 being the average.
The cost of living index in Elizabethton is 0.9x lower than the national average.
Elizabethton ranks as the #54 cheapest in Tennessee out of 109.
Elizabethton ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Elizabethton is $231,565.
The median income in Elizabethton is $44,834.
Table Of Contents
Elizabethton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Elizabethton, TN?
According to the most recent data on the cost of living, Elizabethton has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Elizabethton has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Elizabethton ranks as #54 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Elizabethton ranks as the #55 most expensive place in the Volunteer State.
For more reading on life in Elizabethton, check out:
In Tennessee
In America
Elizabethton Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Elizabethton. Here is how it fairs on each of the criteria:
The Services index in Elizabethton is 100.
The Groceries index in Elizabethton is 98.
The Health index in Elizabethton is 111.
The Housing index in Elizabethton is 67.
The Transportation index in Elizabethton is 93.
The Utilities index in Elizabethton is 109.
| Living Expense | Elizabethton | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 91 | 90 | 100 | |
| Services | 100 | 93 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 111 | 87 | 100 | |
| Housing | 67 | 81 | 100 | |
| Transportation | 93 | 89 | 100 | |
| Utilities | 109 | 95 | 100 | |
Elizabethton, 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 2019-2023. The key points are:
The Median Home Value in Elizabethton is $231,565.
The Median Rent in Elizabethton is $751.
The Median Income in Elizabethton is $44,834.
The Home Value To Income in Elizabethton is 5.2x.
The Rent To Monthly Income in Elizabethton is 0.2x.
| Statistic | Elizabethton | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $231,565 | $330,598 | $303,400 |
| Median Rent | $751 | $1,122 | $1,348 |
| Median Income | $44,834 | $67,097 | $78,538 |
| Home Value To Income | 5.2x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Elizabethton, TN Costs By Category
Detailed Elizabethton Services Costs Vs. Tennessee
| Item | Elizabethton | Tennessee |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $15.89 | $18 |
| Haircut | $28.0 | $24.26 |
| Beauty Salon | $48.22 | $45.56 |
Detailed Elizabethton Groceries Costs Vs. Tennessee
| Item | Elizabethton | Tennessee |
|---|---|---|
| Ground Beef | $6.47 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $10.44 | $12.09 |
| Beer | $10.44 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Elizabethton Health Costs Vs. Tennessee
| Item | Elizabethton | Tennessee |
|---|---|---|
| Optometrist | $155.11 | $125.68 |
| Doctor | $166.73 | $135.78 |
| Dentist | $113.89 | $113.29 |
Detailed Elizabethton Transportation Costs Vs. Tennessee
| Item | Elizabethton | Tennessee |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $49.99 | $59.92 |
Detailed Elizabethton Utilities Costs Vs. Tennessee
| Item | Elizabethton | Tennessee |
|---|---|---|
| All Electricity | $221.84 | $193.99 |
| Phone | $186.82 | $192.25 |
Elizabethton SnackAbility
/10
Cost Of Living In Cities Around Elizabethton
The cost of living varies in the cities and towns around Elizabethton. Here's a quick look at the cost of living in the most populous nearby places:
Kingsport, TN has a cost of living index of 87, 1.0x Elizabethton.
Bristol, TN has a cost of living index of 88, 1.0x Elizabethton.
Boone, NC has a cost of living index of 111, 1.2x Elizabethton.
| City | Population | Cost Of Living | Vs. Elizabethton |
|---|---|---|---|
| Kingsport, TN | 55,807 | 87 | 1.0x |
| Bristol, TN | 27,490 | 88 | 1.0x |
| Boone, NC | 19,534 | 111 | 1.2x |
| Bristol, VA | 17,024 | 88 | 1.0x |
| Greeneville, TN | 15,531 | 88 | 1.0x |
| Bloomingdale, TN | 8,840 | 84 | 0.9x |
| Church Hill, TN | 7,057 | 89 | 1.0x |
| Jonesborough, TN | 6,056 | 94 | 1.0x |
| Erwin, TN | 6,001 | 88 | 1.0x |
| Mount Carmel, TN | 5,504 | 91 | 1.0x |
