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Cost of Living in Spencer, TN

Population: 1,494 | Tennessee

63
Cost of Living Index
US Average = 100

Spencer is 37% less expensive than the national average.

49
Housing
44
Home Values
92
Regional Price

Income

Median Household Income
$46,563
vs US Median ($75,149)
-38%

Housing

Median Rent
$643/mo
Median Home Value
$135,000
Median Monthly Housing Cost
$499/mo

Everyday Prices in Spencer

BLS Average Prices for the Chattanooga, TN-GA (Metropolitan Statistical Area) area

$2.88
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
$0.15
Electricity
per kWh
-21% vs US

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