Cost of living in Lewisburg 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 Lewisburg 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 Lewisburg is 84, with 100 being the average.
The cost of living index in Lewisburg is 0.8x lower than the national average.
Lewisburg ranks as the #36 cheapest in Tennessee out of 105.
Lewisburg ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Lewisburg is $128,500.
The median income in Lewisburg is $46,423.
According to the most recent data on the cost of living, Lewisburg has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Lewisburg has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Lewisburg ranks as #36 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Lewisburg ranks as the #69 most expensive place in the Volunteer State.
For more reading on life in Lewisburg, check out:
Six factors go into calculating the cost of living index in Lewisburg. Here is how it fairs on each of the criteria:
The Services index in Lewisburg is 103.
The Groceries index in Lewisburg is 98.
The Health index in Lewisburg is 96.
The Housing index in Lewisburg is 52.
The Transportation index in Lewisburg is 95.
The Utilities index in Lewisburg is 95.
Living Expense | Lewisburg | Tennessee | National Average | |
---|---|---|---|---|
Overall | 84 | 90 | 100 | |
Services | 103 | 93 | 100 | |
Groceries | 98 | 96 | 100 | |
Health | 96 | 88 | 100 | |
Housing | 52 | 82 | 100 | |
Transportation | 95 | 90 | 100 | |
Utilities | 95 | 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 Lewisburg is $128,500.
The Median Rent in Lewisburg is $781.
The Median Income in Lewisburg is $46,423.
The Home Value To Income in Lewisburg is 2.8x.
The Rent To Monthly Income in Lewisburg is 0.2x.
Statistic | Lewisburg | Tennessee | United States |
---|---|---|---|
Median Home Value | $128,500 | $193,700 | $244,900 |
Median Rent | $781 | $951 | $1,163 |
Median Income | $46,423 | $58,516 | $69,021 |
Home Value To Income | 2.8x | 3.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Lewisburg. 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, 1.2x Lewisburg.
Franklin, TN has a cost of living index of 118, 1.4x Lewisburg.
Smyrna, TN has a cost of living index of 94, 1.1x Lewisburg.
City | Population | Cost Of Living | Vs. Lewisburg |
---|---|---|---|
Murfreesboro, TN | 148,970 | 99 | 1.2x |
Franklin, TN | 81,531 | 118 | 1.4x |
Smyrna, TN | 52,401 | 94 | 1.1x |
Spring Hill, TN | 48,403 | 106 | 1.3x |
Brentwood, TN | 44,354 | 150 | 1.8x |
Columbia, TN | 40,957 | 93 | 1.1x |
La Vergne, TN | 38,127 | 94 | 1.1x |
Shelbyville, TN | 23,005 | 91 | 1.1x |
Tullahoma, TN | 20,599 | 89 | 1.1x |
Nolensville, TN | 13,393 | 123 | 1.5x |