Cost of living in Oak Ridge
Oak Ridge, located in Tennessee, is a city known for its rich history and vibrant community. Understanding the cost of living here is crucial for anyone considering a move or simply planning a visit.
This guide provides a detailed breakdown of expenses in Oak Ridge, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $13 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $45, with prices ranging from $45 to $140.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $8 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $9, imported beer $3.25 to $11.5, cappuccino $2.5 to $10, and Coke/Pepsi $1.25 to $5.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.58 per liter, averaging $1.09.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.51, with an average price of $3.86.
- Eggs (Dozen) - A dozen eggs range from $1.89 to $6, averaging $3.33.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $11.02 per kg, while oranges range from $1.52 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.21 and $4.41 per kg, and lettuce costs $1.25 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.73 and $0.95 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $1.55 to $2.8 per km and $21 to $50 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $113.33 and $280, averaging $171.42.
- Internet - Internet services range from $55 to $120, with an average cost of $72.18.
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"
Oak Ridge offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are relatively low, especially for gasoline, making it an attractive option for car owners.
While specific housing data is not available, utility costs are moderate, and internet services are competitively priced.
Conclusion
Overall, Oak Ridge, TN, presents a balanced cost of living, making it a viable option for individuals and families seeking a community with a reasonable expense profile.
Potential residents should consider the available data on dining, groceries, and utilities when planning their budget.