Cost of living in Nolensville 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 Nolensville 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 Nolensville is 123, with 100 being the average.
The cost of living index in Nolensville is 1.2x higher than the national average.
Nolensville ranks as the #104 cheapest in Tennessee out of 105.
Nolensville ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Nolensville is $496,500.
The median income in Nolensville is $152,500.
According to the most recent data on the cost of living, Nolensville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Tennessee, Nolensville has a cost of living index that's 1.4x higher than Tennessee's index of 90.
The standard of living in Nolensville ranks as #104 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Nolensville ranks as the #1 most expensive place in the Volunteer State.
For more reading on life in Nolensville, check out:
Six factors go into calculating the cost of living index in Nolensville. Here is how it fairs on each of the criteria:
The Services index in Nolensville is 100.
The Groceries index in Nolensville is 89.
The Health index in Nolensville is 84.
The Housing index in Nolensville is 182.
The Transportation index in Nolensville is 100.
The Utilities index in Nolensville is 107.
Living Expense | Nolensville | Tennessee | National Average | |
---|---|---|---|---|
Overall | 123 | 90 | 100 | |
Services | 100 | 93 | 100 | |
Groceries | 89 | 96 | 100 | |
Health | 84 | 88 | 100 | |
Housing | 182 | 82 | 100 | |
Transportation | 100 | 90 | 100 | |
Utilities | 107 | 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 Nolensville is $496,500.
The Median Rent in Nolensville is $2,661.
The Median Income in Nolensville is $152,500.
The Home Value To Income in Nolensville is 3.3x.
The Rent To Monthly Income in Nolensville is 0.21x.
Statistic | Nolensville | Tennessee | United States |
---|---|---|---|
Median Home Value | $496,500 | $193,700 | $244,900 |
Median Rent | $2,661 | $951 | $1,163 |
Median Income | $152,500 | $58,516 | $69,021 |
Home Value To Income | 3.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Item | Nolensville | 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 |
Item | Nolensville | 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 |
Item | Nolensville | Tennessee |
---|---|---|
Optometrist | $88.44 | $108.57 |
Doctor | $80.22 | $116.17 |
Dentist | $85.29 | $99.13 |
Item | Nolensville | Tennessee |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $43.03 | $50.07 |
Item | Nolensville | Tennessee |
---|---|---|
All Electricity | $177.56 | $167.67 |
Phone | $29.84 | $175.64 |
The cost of living varies in the cities and towns around Nolensville. 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, 0.8x Nolensville.
Franklin, TN has a cost of living index of 118, 1.0x Nolensville.
Smyrna, TN has a cost of living index of 94, 0.8x Nolensville.
City | Population | Cost Of Living | Vs. Nolensville |
---|---|---|---|
Murfreesboro, TN | 148,970 | 99 | 0.8x |
Franklin, TN | 81,531 | 118 | 1.0x |
Smyrna, TN | 52,401 | 94 | 0.8x |
Brentwood, TN | 44,354 | 150 | 1.2x |
La Vergne, TN | 38,127 | 94 | 0.8x |
Mount Juliet, TN | 38,059 | 103 | 0.8x |
Green Hill, TN | 7,018 | 101 | 0.8x |