What is the cost of living in Mount Carmel, TN?
According to the most recent data on the cost of living, Mount Carmel has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Mount Carmel has a cost of living index that's 1.0x lower than Tennessee's index of 94.
The standard of living in Mount Carmel ranks as #56 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Mount Carmel ranks as the #53 most expensive place in the Volunteer State.
For more reading on life in Mount Carmel, check out:
Mount Carmel Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Mount Carmel. Here is how it fares on each of the criteria:
The Services index in Mount Carmel is 98.
The Groceries index in Mount Carmel is 97.
The Health index in Mount Carmel is 79.
The Housing index in Mount Carmel is 96.
The Transportation index in Mount Carmel is 100.
The Utilities index in Mount Carmel is 98.
| Living Expense | Mount Carmel | Tennessee | National Average |
|---|---|---|---|
| Overall | 94 | 94 | 100 |
| Services | 98 | 99 | 100 |
| Groceries | 97 | 96 | 100 |
| Health | 79 | 82 | 100 |
| Housing | 96 | 95 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 98 | 98 | 100 |
Mount Carmel Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, check out:
Protect your home budget Compare home warranties in Mount Carmel Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Mount Carmel, 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 2020-2024. The key points are:
The Median Home Value in Mount Carmel is $262,491.
The Median Rent in Mount Carmel is $643.
The Median Income in Mount Carmel is $68,866.
The Home Value To Income in Mount Carmel is 3.8x.
The Rent To Monthly Income in Mount Carmel is 0.11x.
| Statistic | Mount Carmel | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $262,491 | $333,650 | $332,700 |
| Median Rent | $643 | $1,189 | $1,413 |
| Median Income | $68,866 | $69,595 | $80,734 |
| Home Value To Income | 3.8x | 4.8x | 4.1x |
| Rent To Monthly Income | 0.11x | 0.21x | 0.21x |
Mount Carmel, TN Costs By Category
Detailed Mount Carmel Services costs vs. Tennessee
| Item | Mount Carmel | Tennessee |
|---|---|---|
| Shampoo | $1.19 | $1.28 |
| Movie | $14.09 | $12.13 |
| Bowling | $19.33 | $18 |
| Haircut | $23.91 | $24.26 |
| Beauty Salon | $45.13 | $45.56 |
Detailed Mount Carmel Groceries costs vs. Tennessee
| Item | Mount Carmel | Tennessee |
|---|---|---|
| Ground Beef | $6.2 | $5.84 |
| Fried Chicken | $1.66 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.02 | $4.93 |
| Pizza | $11.91 | $12.09 |
| Beer | $9.97 | $10.41 |
| Toothpaste | $3.58 | $3.7 |
Detailed Mount Carmel Health costs vs. Tennessee
| Item | Mount Carmel | Tennessee |
|---|---|---|
| Optometrist | $87.33 | $125.68 |
| Doctor | $108.51 | $135.78 |
| Dentist | $96.95 | $113.29 |
Detailed Mount Carmel Transportation costs vs. Tennessee
| Item | Mount Carmel | Tennessee |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $51.47 | $59.92 |
Detailed Mount Carmel Utilities costs vs. Tennessee
| Item | Mount Carmel | Tennessee |
|---|---|---|
| All Electricity | $161.17 | $193.99 |
| Phone | $192.18 | $192.25 |
Mount Carmel SnackAbility
Cost Of Living In Cities Around Mount Carmel
The cost of living varies in the cities and towns around Mount Carmel. 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 93, 1.0x Mount Carmel.
Morristown, TN has a cost of living index of 91, 1.0x Mount Carmel.
Bristol, TN has a cost of living index of 93, 1.0x Mount Carmel.
| City | Population | Cost Of Living | Vs. Mount Carmel |
|---|---|---|---|
| Kingsport, TN | 56,262 | 93 | 1.0x |
| Morristown, TN | 31,527 | 91 | 1.0x |
| Bristol, TN | 27,636 | 93 | 1.0x |
| Bristol, VA | 16,849 | 88 | 0.9x |
| Greeneville, TN | 15,646 | 92 | 1.0x |
| Elizabethton, TN | 14,374 | 89 | 0.9x |
| Bloomingdale, TN | 9,292 | 89 | 0.9x |
| Church Hill, TN | 7,139 | 91 | 1.0x |
| Jonesborough, TN | 6,232 | 96 | 1.0x |
| Erwin, TN | 5,988 | 87 | 0.9x |
