Cost Of Living in Dayton, TN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Dayton	Tennessee	National
Cost of living	81	89	100
Goods & Services	90	94	100
Groceries	97	98	100
Health care	92	88	100
Housing	58	80	100
Transportation	88	89	100
Utilities	93	93	100

New Real Estate Listings in Dayton Area

For Sale For Rent

Search

Search Homes for Sale in Dayton, TN

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Dayton is 9% lower than the Tennessee average
The cost of living in Dayton is 19% lower than the national average
Dayton housing is 42% lower than the national average
Tennessee general sales tax is 37% higher than the national average
Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Dayton

See all the best places to live around Dayton

Compare Dayton, TN Cost of Living

Write a review to give others more information about this area.

See all Dayton poll results

The best places in Tennessee

Here are the best places to live in Tennessee

See the best places to live in Dayton

Check out the 10 most dangerous cities in Tennessee

Check out the 10 safest cities in Tennessee

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$58,028	$4,836	$1,354	$1,741
Renters	$22,436	$1,870	$523	$673

A good way to judge both the affordability of the housing and the cost of living in Dayton is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Dayton has a median income of about $58,028 for people who own homes. Based on that number, a maximum of $1,354 should be spent on expenses related to housing. Renters have a slightly different median income, which is $22,436. Based on this average, renters should spend no more than $523 on all rental costs if they want to maintain a non-impoverished standard of living.

Tennessee Sales Tax

State	General Sales Tax	With Max Surtax
Tennessee	7%	9.75%

Tennessee Income Tax

State	Income Tax (Low)	Income Tax (High)
Tennessee	0%	0%

Goods & Services

Item	Dayton	National avg.	Difference
Haircut	$18.80	$24.26	22.5%
Beauty Salon	$48.40	$45.56	6.2%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.27	$1.28	0.8%
Movie	$12.57	$12.13	3.6%
Bowling	$16.47	$18.00	8.5%

Groceries

Item	Dayton	National avg.	Difference
Ground Beef	$5.63	$5.84	3.5%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.49	$4.67	3.9%
Potatoes	$5.17	$4.93	4.8%
Pizza	$11.66	$12.09	3.6%
Beer	$10.02	$10.41	3.8%

Health Care

Item	Dayton	National avg.	Difference
Optometrist	$112.00	$125.68	10.9%
Doctor	$129.61	$135.78	4.5%
Dentist	$96.50	$113.29	14.8%
Ibuprofen	$10.39	$10.65	2.4%
Lipitor	$465.03	$468.60	0.8%

Housing

Item	Dayton	National avg.	Difference
Home Price	$99,300.00	$184,700.00	46.2%
Avg. Mortgage Payment	$2,008.10	$2,346.69	14.4%
Apartment Rent	$629.00	$949.00	33.7%

Transportation

Item	Dayton	National avg.	Difference
Gasoline	$3.09	$3.46	10.6%
Tire Balancing	$50.87	$59.92	15.1%

Utilities

Item	Dayton	National avg.	Difference
All Electricity	$170.16	$193.99	12.3%
Phone	$192.18	$192.25	0.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Graysville, TN	1,644	79	20.8%
Pikeville, TN	2,465	83	17.3%
Spring City, TN	2,242	85	15.0%
Charleston, TN	668	84	15.8%
Calhoun, TN	674	85	15.3%
Dayton, TN	7,357	81	18.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Palmer, AK	7,359	116	16.3%
Hudsonville, MI	7,353	93	6.6%
Iron Mountain, MI	7,352	85	15.4%
Globe, AZ	7,351	101	1.3%
Charles City, IA	7,351	85	15.1%
Dayton, TN	7,357	81	18.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Dayton, TN