| Index | Collegedale | Tennessee | National |
| Cost of living | 104 | 92 | 100 |
| Groceries | 96 | 98 | 100 |
| Health care | 96 | 97 | 100 |
| Housing | 121 | 80 | 100 |
| Transportation | 95 | 97 | 100 |
| Utilities | 99 | 98 | 100 |
| Lifestyle & Entertainment | 98 | 97 | 100 |
| Household Items | 100 | 98 | 100 |
| Education & Childcare | 101 | 97 | 100 |
Getting a feel for the cost of living in Collegedale is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Collegedale is 104, which is 4% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The cost of living in Collegedale aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Collegedale residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Housing costs make up a big chunk of the cost of living in Collegedale, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 20.8% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Collegedale affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Collegedale, the median home price is 26.3% higher than the national average and monthly rent prices are 8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Collegedale boasting a median household income of $84,852, 4.3% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Collegedale, the transportation index is 4.9% lower than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Collegedale, the housing index is 20.8% higher than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Collegedale, healthcare costs are 4.4% lower than the national average.
The cost of living estimates displayed for Collegedale are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $108,177 | $9,015 | $2,524 | $3,246 |
| Renters | $80,052 | $6,671 | $1,868 | $2,402 |
| State | General Sales Tax | With Max Surtax |
| Tennessee | 7% | 9.75% |
| State | Income Tax (Low) | Income Tax (High) |
| Tennessee | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Rossville, GA | 4,069 | 83 | 16.7% |
| East Cleveland, TN | 2,617 | 84 | 16.0% |
| Lakeview, GA | 4,907 | 87 | 12.5% |
| Fairview, GA | 6,085 | 88 | 12.1% |
| Fort Oglethorpe, GA | 10,157 | 89 | 10.9% |
| Collegedale, TN | 11,633 | 104 | 4.3% |
| City | Population | Cost of Living Index | National Avg. |
| Lethbridge County, AB | 11,635 | n/a | |
| Rosaryville, MD | 11,630 | 133 | 33.3% |
| Ridgefield, NJ | 11,639 | 148 | 48.2% |
| Snyder, TX | 11,639 | 86 | 14.2% |
| Pasadena Hills, FL | 11,642 | 110 | 9.8% |
| Collegedale, TN | 11,633 | 104 | 4.3% |
Here are the best places to live in Tennessee
Check out the 10 most dangerous cities in Tennessee
Most Dangerous Cities In The US
Safest States In The US