Hendersonville, TN Cost Of Living
Cost Of Living In Hendersonville, TN Summary
Cost of living in Hendersonville 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 Hendersonville 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 Hendersonville is 100, with 100 being the average.
The cost of living index in Hendersonville is 1.0x lower than the national average.
Hendersonville ranks as the #91 cheapest in Tennessee out of 105.
Hendersonville ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Hendersonville is $304,200.
The median income in Hendersonville is $78,067.
Table Of Contents
Hendersonville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hendersonville, TN?
According to the most recent data on the cost of living, Hendersonville has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Tennessee, Hendersonville has a cost of living index that's 1.1x higher than Tennessee's index of 90.
The standard of living in Hendersonville ranks as #91 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Hendersonville ranks as the #14 most expensive place in the Volunteer State.
For more reading on life in Hendersonville, check out:
- Living In Hendersonville
- Hendersonville Crime Report
- Search Homes For Sale In Hendersonville, TN
In Tennessee
In America
Hendersonville Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Hendersonville. Here is how it fairs on each of the criteria:
The Services index in Hendersonville is 99.
The Groceries index in Hendersonville is 90.
The Health index in Hendersonville is 87.
The Housing index in Hendersonville is 112.
The Transportation index in Hendersonville is 100.
The Utilities index in Hendersonville is 107.
| Living Expense | Hendersonville | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 100 | 90 | 100 | |
| Services | 99 | 93 | 100 | |
| Groceries | 90 | 96 | 100 | |
| Health | 87 | 88 | 100 | |
| Housing | 112 | 82 | 100 | |
| Transportation | 100 | 90 | 100 | |
| Utilities | 107 | 93 | 100 | |
Hendersonville, 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 Hendersonville is $304,200.
The Median Rent in Hendersonville is $1,270.
The Median Income in Hendersonville is $78,067.
The Home Value To Income in Hendersonville is 3.9x.
The Rent To Monthly Income in Hendersonville is 0.2x.
| Statistic | Hendersonville | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $304,200 | $193,700 | $244,900 |
| Median Rent | $1,270 | $951 | $1,163 |
| Median Income | $78,067 | $58,516 | $69,021 |
| Home Value To Income | 3.9x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Hendersonville, TN Costs By Category
Detailed Hendersonville Services Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Shampoo | $0.85 | $1.06 |
| Movie | $11.19 | $10.68 |
| Bowling | $3.98 | $14.67 |
| Haircut | $15.99 | $18.62 |
| Beauty Salon | $38.05 | $39.05 |
Detailed Hendersonville Groceries Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Ground Beef | $3.96 | $4.22 |
| Fried Chicken | $1.01 | $1.39 |
| Milk | $1.2 | $2.05 |
| Potatoes | $4.03 | $3.29 |
| Pizza | $8.31 | $10.62 |
| Beer | $8.11 | $9.38 |
| Toothpaste | $3.0 | $2.34 |
Detailed Hendersonville Health Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Optometrist | $88.44 | $108.57 |
| Doctor | $80.22 | $116.17 |
| Dentist | $85.29 | $99.13 |
Detailed Hendersonville Transportation Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Gasoline | $2.3 | $2.22 |
| Tire Balancing | $43.03 | $50.07 |
Detailed Hendersonville Utilities Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| All Electricity | $177.56 | $167.67 |
| Phone | $29.84 | $175.64 |
Hendersonville SnackAbility
/10
Cost Of Living In Cities Around Hendersonville
The cost of living varies in the cities and towns around Hendersonville. Here's a quick look at the cost of living in the most populous nearby places:
Gallatin, TN has a cost of living index of 96, 1.0x Hendersonville.
Mount Juliet, TN has a cost of living index of 103, 1.0x Hendersonville.
Lebanon, TN has a cost of living index of 98, 1.0x Hendersonville.
| City | Population | Cost Of Living | Vs. Hendersonville |
|---|---|---|---|
| Gallatin, TN | 43,306 | 96 | 1.0x |
| Mount Juliet, TN | 38,059 | 103 | 1.0x |
| Lebanon, TN | 37,471 | 98 | 1.0x |
| Goodlettsville, TN | 17,522 | 99 | 1.0x |
| Portland, TN | 13,031 | 92 | 0.9x |
| White House, TN | 12,820 | 95 | 0.9x |
| Green Hill, TN | 7,018 | 101 | 1.0x |
| Greenbrier, TN | 6,845 | 89 | 0.9x |
| Millersville, TN | 6,099 | 93 | 0.9x |
