Rockwood, TN Cost Of Living

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

Cost Of Living In Rockwood, TN Summary

Cost of living in Rockwood 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 Rockwood 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 Rockwood is 78, with 100 being the average.

  • The cost of living index in Rockwood is 0.8x lower than the national average.

  • Rockwood ranks as the #5 cheapest in Tennessee out of 105.

  • Rockwood ranks as the #113 cheapest out of 6,412 in the US.

  • The median home value in Rockwood is $98,800.

  • The median income in Rockwood is $37,456.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
78
Rockwood's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Rockwood, TN?

According to the most recent data on the cost of living, Rockwood has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.

Compared to Tennessee, Rockwood has a cost of living index that's 0.9x lower than Tennessee's index of 90.

The standard of living in Rockwood ranks as #5 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Rockwood ranks as the #100 most expensive place in the Volunteer State.

For more reading on life in Rockwood, check out:

5 out of 105
In Tennessee
113 out of 6,412
In America

Rockwood Cost Of Living Vs. Tennessee

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

  • The Services index in Rockwood is 91.

  • The Groceries index in Rockwood is 86.

  • The Health index in Rockwood is 94.

  • The Housing index in Rockwood is 45.

  • The Transportation index in Rockwood is 87.

  • The Utilities index in Rockwood is 95.

Living Expense Rockwood Tennessee National Average
Overall 78 90 100
Services 91 93 100
Groceries 86 96 100
Health 94 88 100
Housing 45 82 100
Transportation 87 90 100
Utilities 95 93 100
For more reading on cost of living around Tennessee, check out:
Rockwood Cost of Living Vs. TN

Rockwood, 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 Rockwood is $98,800.

  • The Median Rent in Rockwood is $641.

  • The Median Income in Rockwood is $37,456.

  • The Home Value To Income in Rockwood is 2.6x.

  • The Rent To Monthly Income in Rockwood is 0.21x.

Statistic Rockwood Tennessee United States
Median Home Value $98,800 $193,700 $244,900
Median Rent $641 $951 $1,163
Median Income $37,456 $58,516 $69,021
Home Value To Income 2.6x 3.3x 3.5x
Rent To Monthly Income 0.21x 0.2x 0.2x
Search Homes For Sale In Rockwood, TN
$98,800
Median Home Value
$641
Median Rent
$37,456
Median Income

Rockwood, TN Costs By Category

Detailed Rockwood Services Costs Vs. Tennessee

Item Rockwood Tennessee
Shampoo $0.84 $1.06
Movie $10.22 $10.68
Bowling $18.67 $14.67
Haircut $14.73 $18.62
Beauty Salon $37.6 $39.05

Detailed Rockwood Groceries Costs Vs. Tennessee

Item Rockwood Tennessee
Ground Beef $4.41 $4.22
Fried Chicken $0.99 $1.39
Milk $1.85 $2.05
Potatoes $2.88 $3.29
Pizza $9.99 $10.62
Beer $9.75 $9.38
Toothpaste $1.5 $2.34

Detailed Rockwood Health Costs Vs. Tennessee

Item Rockwood Tennessee
Optometrist $88.0 $108.57
Doctor $105.73 $116.17
Dentist $88.77 $99.13

Detailed Rockwood Transportation Costs Vs. Tennessee

Item Rockwood Tennessee
Gasoline $2.06 $2.22
Tire Balancing $36.44 $50.07

Detailed Rockwood Utilities Costs Vs. Tennessee

Item Rockwood Tennessee
All Electricity $149.12 $167.67
Phone $184.96 $175.64

Rockwood SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
7
Diversity
6
Safety
3
Amenities
6
Education
4
Commute
7

Cost Of Living In Cities Around Rockwood

The cost of living varies in the cities and towns around Rockwood. 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, 1.2x Rockwood.

  • Fairfield Glade, TN has a cost of living index of 95, 1.2x Rockwood.

  • Kingston, TN has a cost of living index of 86, 1.1x Rockwood.

City Population Cost Of Living Vs. Rockwood
Spring, TX 62,569 93 1.2x
Fairfield Glade, TN 8,798 95 1.2x
Kingston, TN 5,942 86 1.1x
Harriman, TN 5,936 79 1.0x

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