Ripley, TN Cost Of Living
Cost Of Living In Ripley, TN Summary
Cost of living in Ripley 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 Ripley 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 Ripley is 77, with 100 being the average.
The cost of living index in Ripley is 0.8x lower than the national average.
Ripley ranks as the #3 cheapest in Tennessee out of 105.
Ripley ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Ripley is $99,200.
The median income in Ripley is $35,634.
Table Of Contents
Ripley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Ripley, TN?
According to the most recent data on the cost of living, Ripley has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Ripley has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Ripley ranks as #3 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Ripley ranks as the #102 most expensive place in the Volunteer State.
For more reading on life in Ripley, check out:
- Living In Ripley
- Ripley Crime Report
- Search Homes For Sale In Ripley, TN
In Tennessee
In America
Ripley Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Ripley. Here is how it fairs on each of the criteria:
The Services index in Ripley is 93.
The Groceries index in Ripley is 89.
The Health index in Ripley is 84.
The Housing index in Ripley is 52.
The Transportation index in Ripley is 89.
The Utilities index in Ripley is 96.
| Living Expense | Ripley | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 77 | 90 | 100 | |
| Services | 93 | 93 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 84 | 88 | 100 | |
| Housing | 52 | 82 | 100 | |
| Transportation | 89 | 90 | 100 | |
| Utilities | 96 | 93 | 100 | |
Ripley, 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 Ripley is $99,200.
The Median Rent in Ripley is $672.
The Median Income in Ripley is $35,634.
The Home Value To Income in Ripley is 2.8x.
The Rent To Monthly Income in Ripley is 0.23x.
| Statistic | Ripley | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $99,200 | $193,700 | $244,900 |
| Median Rent | $672 | $951 | $1,163 |
| Median Income | $35,634 | $58,516 | $69,021 |
| Home Value To Income | 2.8x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Ripley, TN Costs By Category
Detailed Ripley Services Costs Vs. Tennessee
Detailed Ripley Groceries Costs Vs. Tennessee
Detailed Ripley Health Costs Vs. Tennessee
Detailed Ripley Transportation Costs Vs. Tennessee
Detailed Ripley Utilities Costs Vs. Tennessee
Ripley SnackAbility
/10
Cost Of Living In Cities Around Ripley
The cost of living varies in the cities and towns around Ripley. Here's a quick look at the cost of living in the most populous nearby places:
Jackson, TN has a cost of living index of 86, 1.1x Ripley.
Bartlett, TN has a cost of living index of 93, 1.2x Ripley.
Collierville, TN has a cost of living index of 107, 1.4x Ripley.
| City | Population | Cost Of Living | Vs. Ripley |
|---|---|---|---|
| Jackson, TN | 67,753 | 86 | 1.1x |
| Bartlett, TN | 57,639 | 93 | 1.2x |
| Collierville, TN | 50,669 | 107 | 1.4x |
| Germantown, TN | 40,955 | 108 | 1.4x |
| Arlington, TN | 14,158 | 103 | 1.3x |
| Millington, TN | 10,583 | 83 | 1.1x |
| Atoka, TN | 9,863 | 95 | 1.2x |
| Brownsville, TN | 9,807 | 80 | 1.0x |
| Oakland, TN | 8,805 | 96 | 1.2x |
| Covington, TN | 8,666 | 79 | 1.0x |
