Winchester, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Winchester, TN Summary

Cost of living in Winchester 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 Winchester 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 Winchester is 87, with 100 being the average.

  • The cost of living index in Winchester is 0.9x lower than the national average.

  • Winchester ranks as the #51 cheapest in Tennessee out of 105.

  • Winchester ranks as the #1,101 cheapest out of 6,412 in the US.

  • The median home value in Winchester is $159,800.

  • The median income in Winchester is $51,870.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
87
Winchester's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Winchester, TN?

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

Compared to Tennessee, Winchester has a cost of living index that's 1.0x lower than Tennessee's index of 90.

The standard of living in Winchester ranks as #51 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Winchester ranks as the #54 most expensive place in the Volunteer State.

For more reading on life in Winchester, check out:

51 out of 105
In Tennessee
1,101 out of 6,412
In America

Winchester Cost Of Living Vs. Tennessee

Six factors go into calculating the cost of living index in Winchester. Here is how it fairs on each of the criteria:

  • The Services index in Winchester is 103.

  • The Groceries index in Winchester is 95.

  • The Health index in Winchester is 100.

  • The Housing index in Winchester is 62.

  • The Transportation index in Winchester is 94.

  • The Utilities index in Winchester is 97.

Living Expense Winchester Tennessee National Average
Overall 87 90 100
Services 103 93 100
Groceries 95 96 100
Health 100 88 100
Housing 62 82 100
Transportation 94 90 100
Utilities 97 93 100
For more reading on cost of living around Tennessee, check out:
Winchester Cost of Living Vs. TN

Winchester, 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 Winchester is $159,800.

  • The Median Rent in Winchester is $767.

  • The Median Income in Winchester is $51,870.

  • The Home Value To Income in Winchester is 3.1x.

  • The Rent To Monthly Income in Winchester is 0.18x.

Statistic Winchester Tennessee United States
Median Home Value $159,800 $193,700 $244,900
Median Rent $767 $951 $1,163
Median Income $51,870 $58,516 $69,021
Home Value To Income 3.1x 3.3x 3.5x
Rent To Monthly Income 0.18x 0.2x 0.2x
Search Homes For Sale In Winchester, TN
$159,800
Median Home Value
$767
Median Rent
$51,870
Median Income

Winchester, TN Costs By Category

Detailed Winchester Services Costs Vs. Tennessee

Item Winchester Tennessee
Shampoo $1.08 $1.06
Movie $9.97 $10.68
Bowling $19.17 $14.67
Haircut $18.67 $18.62
Beauty Salon $33.33 $39.05

Detailed Winchester Groceries Costs Vs. Tennessee

Item Winchester Tennessee
Ground Beef $5.09 $4.22
Fried Chicken $1.45 $1.39
Milk $1.62 $2.05
Potatoes $2.86 $3.29
Pizza $11.32 $10.62
Beer $9.1 $9.38
Toothpaste $2.2 $2.34

Detailed Winchester Health Costs Vs. Tennessee

Item Winchester Tennessee
Optometrist $109.44 $108.57
Doctor $112.22 $116.17
Dentist $100.06 $99.13

Detailed Winchester Transportation Costs Vs. Tennessee

Item Winchester Tennessee
Gasoline $2.06 $2.22
Tire Balancing $51.41 $50.07

Detailed Winchester Utilities Costs Vs. Tennessee

Item Winchester Tennessee
All Electricity $156.41 $167.67
Phone $181.81 $175.64

Winchester SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8
Diversity
8
Safety
4
Amenities
8
Education
6
Commute
8.5

Cost Of Living In Cities Around Winchester

The cost of living varies in the cities and towns around Winchester. Here's a quick look at the cost of living in the most populous nearby places:

  • Huntsville, AL has a cost of living index of 98, 1.1x Winchester.

  • Chattanooga, TN has a cost of living index of 91, 1.0x Winchester.

  • Murfreesboro, TN has a cost of living index of 99, 1.1x Winchester.

City Population Cost Of Living Vs. Winchester
Huntsville, AL 210,081 98 1.1x
Chattanooga, TN 180,353 91 1.0x
Murfreesboro, TN 148,970 99 1.1x
Tullahoma, TN 20,599 89 1.0x
Scottsboro, AL 15,446 92 1.1x
Manchester, TN 11,956 85 1.0x
Red Bank, TN 11,855 88 1.0x
Signal Mountain, TN 8,770 115 1.3x
Fayetteville, TN 6,988 89 1.0x
Fairview, GA 5,752 80 0.9x

Articles About Tennessee

Enjoy The Snack?