Cost of living in Jackson
Jackson, Tennessee, offers a unique blend of Southern charm and modern amenities. Understanding the cost of living in Jackson is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $62.5, with prices ranging from $35 to $130.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.97 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $6 to $9, cappuccino $3 to $7.5, and Coke/Pepsi $1.5 to $3.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.74 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.34 and $4.41, with an average price of $2.73.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $4, averaging $3.33.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.85 to $15.43 per kg, while oranges range from $2.16 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $4.74 per kg, and lettuce costs $1 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $3.5, with a cost of $1.24 per km and $18 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,000 and $45,000, while a Toyota Corolla ranges from $24,000 to $27,500.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $950.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $800.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1400 to $2250, averaging $1825.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1250 to $1850, averaging $1550.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $130 and $399, averaging $180.88.
- Internet - Internet services range from $48 to $90, with an average cost of $59.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Jackson, TN, offers a relatively affordable cost of living compared to larger metropolitan areas. Dining out is reasonably priced, with a variety of options available.
Grocery prices are moderate, though some items like local cheese and beef can be more expensive.
Transportation costs are manageable, especially for those who own a vehicle, given the lower gasoline prices.
Housing is affordable, particularly for those looking to rent outside the city centre.
Utilities and internet services are reasonably priced, making Jackson a cost-effective place to live.
Conclusion
In conclusion, Jackson, TN, provides a balanced cost of living with affordable housing and transportation options.
While some grocery items may be on the higher side, overall expenses remain manageable, making it an attractive option for families and individuals alike.
Potential residents can enjoy a comfortable lifestyle without the financial strain often associated with larger cities.