Middle Valley, TN Cost Of Living
Cost Of Living In Middle Valley, TN Summary
Cost of living in Middle Valley 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 Middle Valley 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 Middle Valley is 93, with 100 being the average.
The cost of living index in Middle Valley is 0.9x lower than the national average.
Middle Valley ranks as the #73 cheapest in Tennessee out of 105.
Middle Valley ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Middle Valley is $193,100.
The median income in Middle Valley is $80,350.
Table Of Contents
Middle Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Middle Valley, TN?
According to the most recent data on the cost of living, Middle Valley has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Middle Valley has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Middle Valley ranks as #73 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Middle Valley ranks as the #32 most expensive place in the Volunteer State.
For more reading on life in Middle Valley, check out:
- Living In Middle Valley
- Search Homes For Sale In Middle Valley, TN
In Tennessee
In America
Middle Valley Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Middle Valley. Here is how it fairs on each of the criteria:
The Services index in Middle Valley is 94.
The Groceries index in Middle Valley is 100.
The Health index in Middle Valley is 96.
The Housing index in Middle Valley is 84.
The Transportation index in Middle Valley is 89.
The Utilities index in Middle Valley is 90.
| Living Expense | Middle Valley | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 93 | 90 | 100 | |
| Services | 94 | 93 | 100 | |
| Groceries | 100 | 96 | 100 | |
| Health | 96 | 88 | 100 | |
| Housing | 84 | 82 | 100 | |
| Transportation | 89 | 90 | 100 | |
| Utilities | 90 | 93 | 100 | |
Middle Valley, 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 Middle Valley is $193,100.
The Median Rent in Middle Valley is $999.
The Median Income in Middle Valley is $80,350.
The Home Value To Income in Middle Valley is 2.4x.
The Rent To Monthly Income in Middle Valley is 0.15x.
| Statistic | Middle Valley | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $193,100 | $193,700 | $244,900 |
| Median Rent | $999 | $951 | $1,163 |
| Median Income | $80,350 | $58,516 | $69,021 |
| Home Value To Income | 2.4x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Middle Valley, TN Costs By Category
Detailed Middle Valley Services Costs Vs. Tennessee
| Item | Middle Valley | Tennessee |
|---|---|---|
| Shampoo | $0.9 | $1.06 |
| Movie | $12.32 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $14.67 | $18.62 |
| Beauty Salon | $43.33 | $39.05 |
Detailed Middle Valley Groceries Costs Vs. Tennessee
| Item | Middle Valley | Tennessee |
|---|---|---|
| Ground Beef | $4.62 | $4.22 |
| Fried Chicken | $1.22 | $1.39 |
| Milk | $2.15 | $2.05 |
| Potatoes | $4.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $9.97 | $9.38 |
| Toothpaste | $1.91 | $2.34 |
Detailed Middle Valley Health Costs Vs. Tennessee
| Item | Middle Valley | Tennessee |
|---|---|---|
| Optometrist | $93.33 | $108.57 |
| Doctor | $118.67 | $116.17 |
| Dentist | $89.33 | $99.13 |
Detailed Middle Valley Transportation Costs Vs. Tennessee
| Item | Middle Valley | Tennessee |
|---|---|---|
| Gasoline | $1.94 | $2.22 |
| Tire Balancing | $46.47 | $50.07 |
Detailed Middle Valley Utilities Costs Vs. Tennessee
| Item | Middle Valley | Tennessee |
|---|---|---|
| All Electricity | $141.03 | $167.67 |
| Phone | $184.96 | $175.64 |
Middle Valley SnackAbility
/10
Cost Of Living In Cities Around Middle Valley
The cost of living varies in the cities and towns around Middle Valley. Here's a quick look at the cost of living in the most populous nearby places:
Chattanooga, TN has a cost of living index of 91, 1.0x Middle Valley.
East Ridge, TN has a cost of living index of 88, 0.9x Middle Valley.
Soddy-Daisy, TN has a cost of living index of 85, 0.9x Middle Valley.
| City | Population | Cost Of Living | Vs. Middle Valley |
|---|---|---|---|
| Chattanooga, TN | 180,353 | 91 | 1.0x |
| East Ridge, TN | 21,967 | 88 | 0.9x |
| Soddy-Daisy, TN | 13,090 | 85 | 0.9x |
| Red Bank, TN | 11,855 | 88 | 0.9x |
| Collegedale, TN | 10,973 | 94 | 1.0x |
| Fort Oglethorpe, GA | 10,196 | 85 | 0.9x |
| Signal Mountain, TN | 8,770 | 115 | 1.2x |
| Harrison, TN | 8,383 | 91 | 1.0x |
| South Cleveland, TN | 7,481 | 83 | 0.9x |
| Fairview, GA | 5,752 | 80 | 0.9x |
