Soddy-Daisy, TN Cost Of Living

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

Cost Of Living In Soddy-Daisy, TN Summary

Cost of living in Soddy-Daisy 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 Soddy-Daisy 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 Soddy-Daisy is 85, with 100 being the average.

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

  • Soddy-Daisy ranks as the #40 cheapest in Tennessee out of 105.

  • Soddy-Daisy ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Soddy-Daisy is $169,300.

  • The median income in Soddy-Daisy is $54,191.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Soddy-Daisy's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Soddy-Daisy, TN?

According to the most recent data on the cost of living, Soddy-Daisy has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

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

The standard of living in Soddy-Daisy ranks as #40 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Soddy-Daisy ranks as the #65 most expensive place in the Volunteer State.

For more reading on life in Soddy-Daisy, check out:

40 out of 105
In Tennessee
777 out of 6,412
In America

Soddy-Daisy Cost Of Living Vs. Tennessee

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

  • The Services index in Soddy-Daisy is 95.

  • The Groceries index in Soddy-Daisy is 103.

  • The Health index in Soddy-Daisy is 97.

  • The Housing index in Soddy-Daisy is 67.

  • The Transportation index in Soddy-Daisy is 88.

  • The Utilities index in Soddy-Daisy is 94.

Living Expense Soddy-Daisy Tennessee National Average
Overall 85 90 100
Services 95 93 100
Groceries 103 96 100
Health 97 88 100
Housing 67 82 100
Transportation 88 90 100
Utilities 94 93 100
For more reading on cost of living around Tennessee, check out:
Soddy-Daisy Cost of Living Vs. TN

Soddy-Daisy, 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 Soddy-Daisy is $169,300.

  • The Median Rent in Soddy-Daisy is $810.

  • The Median Income in Soddy-Daisy is $54,191.

  • The Home Value To Income in Soddy-Daisy is 3.1x.

  • The Rent To Monthly Income in Soddy-Daisy is 0.18x.

Statistic Soddy-Daisy Tennessee United States
Median Home Value $169,300 $193,700 $244,900
Median Rent $810 $951 $1,163
Median Income $54,191 $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 Soddy-Daisy, TN
$169,300
Median Home Value
$810
Median Rent
$54,191
Median Income

Soddy-Daisy, TN Costs By Category

Detailed Soddy-Daisy Services Costs Vs. Tennessee

Item Soddy-Daisy 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 Soddy-Daisy Groceries Costs Vs. Tennessee

Item Soddy-Daisy 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 Soddy-Daisy Health Costs Vs. Tennessee

Item Soddy-Daisy Tennessee
Optometrist $93.33 $108.57
Doctor $118.67 $116.17
Dentist $89.33 $99.13

Detailed Soddy-Daisy Transportation Costs Vs. Tennessee

Item Soddy-Daisy Tennessee
Gasoline $1.94 $2.22
Tire Balancing $46.47 $50.07

Detailed Soddy-Daisy Utilities Costs Vs. Tennessee

Item Soddy-Daisy Tennessee
All Electricity $141.03 $167.67
Phone $184.96 $175.64

Soddy-Daisy SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8
Diversity
3
Safety
6
Amenities
7
Education
6
Commute
7

Cost Of Living In Cities Around Soddy-Daisy

The cost of living varies in the cities and towns around Soddy-Daisy. 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, 1.1x Soddy-Daisy.

  • Cleveland, TN has a cost of living index of 86, 1.0x Soddy-Daisy.

  • East Ridge, TN has a cost of living index of 88, 1.0x Soddy-Daisy.

City Population Cost Of Living Vs. Soddy-Daisy
Chattanooga, TN 180,353 91 1.1x
Cleveland, TN 46,747 86 1.0x
East Ridge, TN 21,967 88 1.0x
Red Bank, TN 11,855 88 1.0x
Middle Valley, TN 11,569 93 1.1x
Collegedale, TN 10,973 94 1.1x
Signal Mountain, TN 8,770 115 1.4x
Harrison, TN 8,383 91 1.1x
South Cleveland, TN 7,481 83 1.0x
Dayton, TN 7,112 80 0.9x

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