Manchester, TN Cost Of Living
Cost Of Living In Manchester, TN Summary
Cost of living in Manchester 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 Manchester 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 Manchester is 85, with 100 being the average.
The cost of living index in Manchester is 0.8x lower than the national average.
Manchester ranks as the #40 cheapest in Tennessee out of 105.
Manchester ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Manchester is $163,400.
The median income in Manchester is $47,092.
Table Of Contents
Manchester's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Manchester, TN?
According to the most recent data on the cost of living, Manchester has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Manchester has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Manchester ranks as #40 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Manchester ranks as the #65 most expensive place in the Volunteer State.
For more reading on life in Manchester, check out:
- Living In Manchester
- Manchester Crime Report
- Search Homes For Sale In Manchester, TN
In Tennessee
In America
Manchester Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Manchester. Here is how it fairs on each of the criteria:
The Services index in Manchester is 93.
The Groceries index in Manchester is 100.
The Health index in Manchester is 95.
The Housing index in Manchester is 68.
The Transportation index in Manchester is 88.
The Utilities index in Manchester is 93.
| Living Expense | Manchester | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 85 | 90 | 100 | |
| Services | 93 | 93 | 100 | |
| Groceries | 100 | 96 | 100 | |
| Health | 95 | 88 | 100 | |
| Housing | 68 | 82 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 93 | 93 | 100 | |
Manchester, 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 Manchester is $163,400.
The Median Rent in Manchester is $750.
The Median Income in Manchester is $47,092.
The Home Value To Income in Manchester is 3.5x.
The Rent To Monthly Income in Manchester is 0.19x.
| Statistic | Manchester | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $163,400 | $193,700 | $244,900 |
| Median Rent | $750 | $951 | $1,163 |
| Median Income | $47,092 | $58,516 | $69,021 |
| Home Value To Income | 3.5x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Manchester, TN Costs By Category
Detailed Manchester Services Costs Vs. Tennessee
| Item | Manchester | Tennessee |
|---|---|---|
| Shampoo | $0.9 | $1.06 |
| Movie | $12.32 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $14.67 | $18.62 |
| Beauty Salon | $43.33 | $39.05 |
Detailed Manchester Groceries Costs Vs. Tennessee
| Item | Manchester | Tennessee |
|---|---|---|
| Ground Beef | $4.62 | $4.22 |
| Fried Chicken | $1.22 | $1.39 |
| Milk | $2.15 | $2.05 |
| Potatoes | $4.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $9.97 | $9.38 |
| Toothpaste | $1.91 | $2.34 |
Detailed Manchester Health Costs Vs. Tennessee
| Item | Manchester | Tennessee |
|---|---|---|
| Optometrist | $93.33 | $108.57 |
| Doctor | $118.67 | $116.17 |
| Dentist | $89.33 | $99.13 |
Detailed Manchester Transportation Costs Vs. Tennessee
| Item | Manchester | Tennessee |
|---|---|---|
| Gasoline | $1.94 | $2.22 |
| Tire Balancing | $46.47 | $50.07 |
Detailed Manchester Utilities Costs Vs. Tennessee
| Item | Manchester | Tennessee |
|---|---|---|
| All Electricity | $141.03 | $167.67 |
| Phone | $184.96 | $175.64 |
Manchester SnackAbility
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Cost Of Living In Cities Around Manchester
The cost of living varies in the cities and towns around Manchester. Here's a quick look at the cost of living in the most populous nearby places:
Murfreesboro, TN has a cost of living index of 99, 1.2x Manchester.
Smyrna, TN has a cost of living index of 94, 1.1x Manchester.
La Vergne, TN has a cost of living index of 94, 1.1x Manchester.
| City | Population | Cost Of Living | Vs. Manchester |
|---|---|---|---|
| Murfreesboro, TN | 148,970 | 99 | 1.2x |
| Smyrna, TN | 52,401 | 94 | 1.1x |
| La Vergne, TN | 38,127 | 94 | 1.1x |
| Tullahoma, TN | 20,599 | 89 | 1.0x |
| McMinnville, TN | 13,699 | 80 | 0.9x |
| Nolensville, TN | 13,393 | 123 | 1.4x |
| Lewisburg, TN | 12,131 | 84 | 1.0x |
| Winchester, TN | 9,299 | 87 | 1.0x |
| Signal Mountain, TN | 8,770 | 115 | 1.4x |
| Fayetteville, TN | 6,988 | 89 | 1.0x |
