Cost-Of-Living

With Tennessee state taxes at a remarkably reasonable 7% [ranked at 49th in the nation for total tax burden] and local taxes at just 2.5%, Kingsport features one of the most affordable costs-of-living in the nation. In Kingsport proper, for example, residents pay no income, personal property, or vehicle taxes.

 

Cost of Living
*ACCRA Index Average 100%
Kingsport, TN 85.2%
Housing Costs 72.5%
Grocery Costs 93.5%
Healthcare Costs 94.0%
Utilities 83.4%


*Based on a 2nd Quarter 2005 study completed by the Kingsport Area Chamber of Commerce and processed by the American Chamber of Commerce Research Association.

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