Cost of Living in Springfield, TN
| Cost of Living in Springfield, TN | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 24% higher | 2% higher |
| Utilities (Monthly) | 8% higher | 4% lower |
| Food | 3% higher | 0% |
| Healthcare | 6% higher | 8% lower |
| Transportation | 2% higher | 10% lower |
| Goods & Services | 3% higher | 1% lower |
The cost of living in Springfield, TN is 9% higher than the state average and 1% lower than the national average. Springfield, TN housing is 2% more expensive than the U.S average, while utilities are about 4% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0% in Springfield, TN than in the rest of the country, while clothing costs around 1% less .
Healthcare services such as doctor check-ups and dentistry cost 8% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% cheaper in Springfield, TN.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Springfield is $1,722, while home prices circle around $532,248.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Springfield, energy bills cost around $189.98 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.59 in Springfield, a dozen eggs go for around $4.11 and a pound of potatoes circles around $5.29.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Springfield, an optometry check-up costs around $118.37, while a dentist appointment is priced $106.59 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.01 in Springfield, while getting your tires balanced will run you about $54.36.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $35.25 here. Meanwhile, a pair of women's slacks will set you back around $28.00.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Springfield, you should budget around $15.47 a month. When it comes to personal services, a haircut usually goes for $29.81, while dry cleaning costs about $16.79.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Springfield, the median household income is $58,741.