Sweetwater, TN Cost Of Living
Cost Of Living In Sweetwater, TN Summary
Cost of living in Sweetwater 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 Sweetwater 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 Sweetwater is 81, with 100 being the average.
The cost of living index in Sweetwater is 0.8x lower than the national average.
Sweetwater ranks as the #20 cheapest in Tennessee out of 105.
Sweetwater ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Sweetwater is $130,200.
The median income in Sweetwater is $37,721.
Table Of Contents
Sweetwater's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Sweetwater, TN?
According to the most recent data on the cost of living, Sweetwater has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Sweetwater has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Sweetwater ranks as #20 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Sweetwater ranks as the #85 most expensive place in the Volunteer State.
For more reading on life in Sweetwater, check out:
- Living In Sweetwater
- Sweetwater Crime Report
- Search Homes For Sale In Sweetwater, TN
In Tennessee
In America
Sweetwater Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Sweetwater. Here is how it fairs on each of the criteria:
The Services index in Sweetwater is 90.
The Groceries index in Sweetwater is 90.
The Health index in Sweetwater is 94.
The Housing index in Sweetwater is 59.
The Transportation index in Sweetwater is 86.
The Utilities index in Sweetwater is 90.
| Living Expense | Sweetwater | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 81 | 90 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 90 | 96 | 100 | |
| Health | 94 | 88 | 100 | |
| Housing | 59 | 82 | 100 | |
| Transportation | 86 | 90 | 100 | |
| Utilities | 90 | 93 | 100 | |
Sweetwater, 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 Sweetwater is $130,200.
The Median Rent in Sweetwater is $565.
The Median Income in Sweetwater is $37,721.
The Home Value To Income in Sweetwater is 3.5x.
The Rent To Monthly Income in Sweetwater is 0.18x.
| Statistic | Sweetwater | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $130,200 | $193,700 | $244,900 |
| Median Rent | $565 | $951 | $1,163 |
| Median Income | $37,721 | $58,516 | $69,021 |
| Home Value To Income | 3.5x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Sweetwater, TN Costs By Category
Detailed Sweetwater Services Costs Vs. Tennessee
| Item | Sweetwater | Tennessee |
|---|---|---|
| Shampoo | $0.9 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $7.25 | $14.67 |
| Haircut | $16.33 | $18.62 |
| Beauty Salon | $28.17 | $39.05 |
Detailed Sweetwater Groceries Costs Vs. Tennessee
| Item | Sweetwater | Tennessee |
|---|---|---|
| Ground Beef | $4.16 | $4.22 |
| Fried Chicken | $0.98 | $1.39 |
| Milk | $1.78 | $2.05 |
| Potatoes | $3.46 | $3.29 |
| Pizza | $7.99 | $10.62 |
| Beer | $9.99 | $9.38 |
| Toothpaste | $1.93 | $2.34 |
Detailed Sweetwater Health Costs Vs. Tennessee
| Item | Sweetwater | Tennessee |
|---|---|---|
| Optometrist | $117.42 | $108.57 |
| Doctor | $115.94 | $116.17 |
| Dentist | $81.0 | $99.13 |
Detailed Sweetwater Transportation Costs Vs. Tennessee
| Item | Sweetwater | Tennessee |
|---|---|---|
| Gasoline | $1.9 | $2.22 |
| Tire Balancing | $40.0 | $50.07 |
Detailed Sweetwater Utilities Costs Vs. Tennessee
| Item | Sweetwater | Tennessee |
|---|---|---|
| All Electricity | $132.06 | $167.67 |
| Phone | $184.96 | $175.64 |
Sweetwater SnackAbility
/10
Cost Of Living In Cities Around Sweetwater
The cost of living varies in the cities and towns around Sweetwater. Here's a quick look at the cost of living in the most populous nearby places:
Spring, TX has a cost of living index of 93, 1.1x Sweetwater.
Oak Ridge, TN has a cost of living index of 88, 1.1x Sweetwater.
Farragut, TN has a cost of living index of 112, 1.4x Sweetwater.
| City | Population | Cost Of Living | Vs. Sweetwater |
|---|---|---|---|
| Spring, TX | 62,569 | 93 | 1.1x |
| Oak Ridge, TN | 31,087 | 88 | 1.1x |
| Farragut, TN | 23,388 | 112 | 1.4x |
| Seymour, TN | 15,633 | 87 | 1.1x |
| Athens, TN | 13,961 | 81 | 1.0x |
| Soddy-Daisy, TN | 13,090 | 85 | 1.0x |
| Middle Valley, TN | 11,569 | 93 | 1.1x |
| Fairfield Glade, TN | 8,798 | 95 | 1.2x |
| South Cleveland, TN | 7,481 | 83 | 1.0x |
| Kingston, TN | 5,942 | 86 | 1.1x |
