Cost of living in La Vergne 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 La Vergne 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 La Vergne is 94, with 100 being the average.
The cost of living index in La Vergne is 0.9x lower than the national average.
La Vergne ranks as the #77 cheapest in Tennessee out of 105.
La Vergne ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in La Vergne is $207,800.
The median income in La Vergne is $67,102.
According to the most recent data on the cost of living, La Vergne has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Tennessee, La Vergne has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in La Vergne ranks as #77 most affordable out of the 105 places we measured in Tennessee. By definition, that implies La Vergne ranks as the #28 most expensive place in the Volunteer State.
For more reading on life in La Vergne, check out:
Six factors go into calculating the cost of living index in La Vergne. Here is how it fairs on each of the criteria:
The Services index in La Vergne is 100.
The Groceries index in La Vergne is 90.
The Health index in La Vergne is 86.
The Housing index in La Vergne is 83.
The Transportation index in La Vergne is 101.
The Utilities index in La Vergne is 104.
Living Expense | La Vergne | Tennessee | National Average | |
---|---|---|---|---|
Overall | 94 | 90 | 100 | |
Services | 100 | 93 | 100 | |
Groceries | 90 | 96 | 100 | |
Health | 86 | 88 | 100 | |
Housing | 83 | 82 | 100 | |
Transportation | 101 | 90 | 100 | |
Utilities | 104 | 93 | 100 |
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 La Vergne is $207,800.
The Median Rent in La Vergne is $1,400.
The Median Income in La Vergne is $67,102.
The Home Value To Income in La Vergne is 3.1x.
The Rent To Monthly Income in La Vergne is 0.25x.
Statistic | La Vergne | Tennessee | United States |
---|---|---|---|
Median Home Value | $207,800 | $193,700 | $244,900 |
Median Rent | $1,400 | $951 | $1,163 |
Median Income | $67,102 | $58,516 | $69,021 |
Home Value To Income | 3.1x | 3.3x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around La Vergne. Here's a quick look at the cost of living in the most populous nearby places:
Murfreesboro, TN has a cost of living index of 99, 1.1x La Vergne.
Franklin, TN has a cost of living index of 118, 1.3x La Vergne.
Hendersonville, TN has a cost of living index of 100, 1.1x La Vergne.
City | Population | Cost Of Living | Vs. La Vergne |
---|---|---|---|
Murfreesboro, TN | 148,970 | 99 | 1.1x |
Franklin, TN | 81,531 | 118 | 1.3x |
Hendersonville, TN | 60,628 | 100 | 1.1x |
Smyrna, TN | 52,401 | 94 | 1.0x |
Brentwood, TN | 44,354 | 150 | 1.6x |
Mount Juliet, TN | 38,059 | 103 | 1.1x |
Lebanon, TN | 37,471 | 98 | 1.0x |
Nolensville, TN | 13,393 | 123 | 1.3x |
Green Hill, TN | 7,018 | 101 | 1.1x |