Red Bank, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
87
Red Bank's Overall Cost Of Living
0.9x
Lower Than The National Average
55 out of 105
In Tennessee
1,128 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Red Bank is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Red Bank, TN?

According to the most recent data on the cost of living, Red Bank has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Tennessee, Red Bank has a cost of living index that's 1.0x lower than Tennessee's index of 89.

The standard of living in Red Bank ranks as #1,128 most affordable out of the 6,522 places we measured in Tennessee. By definition, that implies Red Bank ranks as the #5,279 most expensive place in the Volunteer State.

For more reading on life in Red Bank, check out:

Red Bank Cost Of Living Vs. Tennessee

Living Expense Red Bank Tennessee National Average
Overall 87 89 100
Services 93 93 100
Groceries 100 95 100
Health 96 89 100
Housing 71 80 100
Transportation 91 88 100
Utilities 93 96 100
For more reading on cost of living around Tennessee, check out:
Red Bank Cost of Living Vs. TN

Red Bank, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$148,900
Median Home Value
$773
Median Rent
$42,618
Median Income
Statistic Red Bank Tennessee United States
Median Home Value $148,900 $167,200 $217,500
Median Rent $773 $869 $1,062
Median Income $42,618 $53,320 $62,843
Home Value To Income 3.5x 3.1x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x

Detailed Red Bank Services Costs Vs. Tennessee

Item Red Bank Tennessee
Shampoo $0.85 $1.01
Movie $11.55 $10.72
Bowling $13.8 $13.86

Detailed Red Bank Groceries Costs Vs. Tennessee

Item Red Bank Tennessee
Ground Beef $3.76 $3.9
Fried Chicken $1.08 $1.4
Milk $2.05 $1.96

Detailed Red Bank Health Costs Vs. Tennessee

Item Red Bank Tennessee
Haircut $14.6 $17.49
Beauty Salon $43.0 $38.17
Toothpaste $1.88 $2.32

Detailed Red Bank Transportation Costs Vs. Tennessee

Item Red Bank Tennessee
Potatoes $4.3 $3.18
Pizza $9.99 $10.39
Beer $9.99 $9.23
Optometrist $90.0 $106.34
Doctor $125.0 $115.25
Dentist $86.6 $98.38

Detailed Red Bank Utilities Costs Vs. Tennessee

Item Red Bank Tennessee
Gasoline $2.36 $2.59
Tire Balancing $46.2 $48.9
All Electricity $145.74 $167.6
Phone $182.13 $163.42

Red Bank SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
6
Diversity
7
Safety
5
Amenities
8.5
Education
8
Commute
9

Cost Of Living In Cities Around Red Bank

City Population Cost Of Living Vs. Red Bank
Chattanooga, TN 179,690 91 1.0x
East Ridge, TN 21,168 86 1.0x
Soddy-Daisy, TN 13,398 86 1.0x
Middle Valley, TN 12,061 91 1.0x
Collegedale, TN 11,275 96 1.1x
Fort Oglethorpe, GA 9,954 87 1.0x
Signal Mountain, TN 8,539 117 1.3x
Harrison, TN 8,121 89 1.0x
Fairview, GA 6,540 83 1.0x
Lakeview, GA 5,089 83 1.0x

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