Brentwood, TN Cost Of Living
Cost Of Living In Brentwood, TN Summary
Cost of living in Brentwood research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Brentwood is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Tennessee, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Brentwood is 150, with 100 being the average.
The cost of living index in Brentwood is 1.5x higher than the national average.
Brentwood ranks as the #105 cheapest in Tennessee out of 105.
Brentwood ranks as the #5,843 cheapest out of 6,412 in the US.
The median home value in Brentwood is $711,900.
The median income in Brentwood is $165,948.
Table Of Contents
Brentwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Brentwood, TN?
According to the most recent data on the cost of living, Brentwood has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to Tennessee, Brentwood has a cost of living index that's 1.7x higher than Tennessee's index of 90.
The standard of living in Brentwood ranks as #105 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Brentwood ranks as the #0 most expensive place in the Volunteer State.
For more reading on life in Brentwood, check out:
- Living In Brentwood
- Brentwood Crime Report
- Search Homes For Sale In Brentwood, TN
In Tennessee
In America
Brentwood Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Brentwood. Here is how it fairs on each of the criteria:
The Services index in Brentwood is 99.
The Groceries index in Brentwood is 89.
The Health index in Brentwood is 88.
The Housing index in Brentwood is 269.
The Transportation index in Brentwood is 97.
The Utilities index in Brentwood is 105.
| Living Expense | Brentwood | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 150 | 90 | 100 | |
| Services | 99 | 93 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 88 | 88 | 100 | |
| Housing | 269 | 82 | 100 | |
| Transportation | 97 | 90 | 100 | |
| Utilities | 105 | 93 | 100 | |
Brentwood, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Brentwood is $711,900.
The Median Rent in Brentwood is $2,124.
The Median Income in Brentwood is $165,948.
The Home Value To Income in Brentwood is 4.3x.
The Rent To Monthly Income in Brentwood is 0.15x.
| Statistic | Brentwood | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $711,900 | $193,700 | $244,900 |
| Median Rent | $2,124 | $951 | $1,163 |
| Median Income | $165,948 | $58,516 | $69,021 |
| Home Value To Income | 4.3x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Brentwood, TN Costs By Category
Detailed Brentwood Services Costs Vs. Tennessee
Detailed Brentwood Groceries Costs Vs. Tennessee
Detailed Brentwood Health Costs Vs. Tennessee
Detailed Brentwood Transportation Costs Vs. Tennessee
Detailed Brentwood Utilities Costs Vs. Tennessee
Brentwood SnackAbility
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Cost Of Living In Cities Around Brentwood
The cost of living varies in the cities and towns around Brentwood. Here's a quick look at the cost of living in the most populous nearby places:
Franklin, TN has a cost of living index of 118, 0.8x Brentwood.
Smyrna, TN has a cost of living index of 94, 0.6x Brentwood.
Spring Hill, TN has a cost of living index of 106, 0.7x Brentwood.
| City | Population | Cost Of Living | Vs. Brentwood |
|---|---|---|---|
| Franklin, TN | 81,531 | 118 | 0.8x |
| Smyrna, TN | 52,401 | 94 | 0.6x |
| Spring Hill, TN | 48,403 | 106 | 0.7x |
| La Vergne, TN | 38,127 | 94 | 0.6x |
| Nolensville, TN | 13,393 | 123 | 0.8x |
| Fairview, TN | 9,299 | 97 | 0.6x |
