Tellico Village, TN Cost Of Living
Cost Of Living In Tellico Village, TN Summary
Cost of living in Tellico Village 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 Tellico Village 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 Tellico Village is 132, with 100 being the average.
The cost of living index in Tellico Village is 1.3x higher than the national average.
Tellico Village ranks as the #106 cheapest in Tennessee out of 109.
Tellico Village ranks as the #5,080 cheapest out of 6,489 in the US.
The median home value in Tellico Village is $624,249.
The median income in Tellico Village is $98,214.
Table Of Contents
Tellico Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Tellico Village, TN?
According to the most recent data on the cost of living, Tellico Village has an overall cost of living index of 132, which is 1.3x higher than the national index of 100.
Compared to Tennessee, Tellico Village has a cost of living index that's 1.5x higher than Tennessee's index of 90.
The standard of living in Tellico Village ranks as #106 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Tellico Village ranks as the #3 most expensive place in the Volunteer State.
For more reading on life in Tellico Village, check out:
In Tennessee
In America
Tellico Village Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Tellico Village. Here is how it fairs on each of the criteria:
The Services index in Tellico Village is 90.
The Groceries index in Tellico Village is 99.
The Health index in Tellico Village is 86.
The Housing index in Tellico Village is 224.
The Transportation index in Tellico Village is 90.
The Utilities index in Tellico Village is 93.
| Living Expense | Tellico Village | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 132 | 90 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 86 | 87 | 100 | |
| Housing | 224 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 93 | 95 | 100 | |
Tellico Village, 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 2019-2023. The key points are:
The Median Home Value in Tellico Village is $624,249.
The Median Rent in Tellico Village is $2,020.
The Median Income in Tellico Village is $98,214.
The Home Value To Income in Tellico Village is 6.4x.
The Rent To Monthly Income in Tellico Village is 0.25x.
| Statistic | Tellico Village | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $624,249 | $330,598 | $303,400 |
| Median Rent | $2,020 | $1,122 | $1,348 |
| Median Income | $98,214 | $67,097 | $78,538 |
| Home Value To Income | 6.4x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Tellico Village, TN Costs By Category
Detailed Tellico Village Services Costs Vs. Tennessee
| Item | Tellico Village | Tennessee |
|---|---|---|
| Shampoo | $1.23 | $1.28 |
| Movie | $12.31 | $12.13 |
| Bowling | $21.6 | $18 |
| Haircut | $17.07 | $24.26 |
| Beauty Salon | $42.0 | $45.56 |
Detailed Tellico Village Groceries Costs Vs. Tennessee
| Item | Tellico Village | Tennessee |
|---|---|---|
| Ground Beef | $5.73 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $11.42 | $12.09 |
| Beer | $10.06 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Tellico Village Health Costs Vs. Tennessee
| Item | Tellico Village | Tennessee |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $112.0 | $135.78 |
| Dentist | $92.27 | $113.29 |
Detailed Tellico Village Transportation Costs Vs. Tennessee
| Item | Tellico Village | Tennessee |
|---|---|---|
| Gasoline | $3.11 | $3.46 |
| Tire Balancing | $52.8 | $59.92 |
Detailed Tellico Village Utilities Costs Vs. Tennessee
| Item | Tellico Village | Tennessee |
|---|---|---|
| All Electricity | $173.24 | $193.99 |
| Phone | $192.18 | $192.25 |
Tellico Village SnackAbility
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