Smyrna, TN Cost Of Living
Cost Of Living In Smyrna, TN Summary
Cost of living in Smyrna 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 Smyrna 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 Smyrna is 94, with 100 being the average.
The cost of living index in Smyrna is 0.9x lower than the national average.
Smyrna ranks as the #77 cheapest in Tennessee out of 105.
Smyrna ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Smyrna is $239,100.
The median income in Smyrna is $70,879.
Table Of Contents
Smyrna's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Smyrna, TN?
According to the most recent data on the cost of living, Smyrna has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Smyrna has a cost of living index that's 1.0x higher than Tennessee's index of 90.
The standard of living in Smyrna ranks as #77 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Smyrna ranks as the #28 most expensive place in the Volunteer State.
For more reading on life in Smyrna, check out:
- Living In Smyrna
- Smyrna Crime Report
- Search Homes For Sale In Smyrna, TN
In Tennessee
In America
Smyrna Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Smyrna. Here is how it fairs on each of the criteria:
The Services index in Smyrna is 98.
The Groceries index in Smyrna is 88.
The Health index in Smyrna is 86.
The Housing index in Smyrna is 88.
The Transportation index in Smyrna is 97.
The Utilities index in Smyrna is 107.
| Living Expense | Smyrna | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 94 | 90 | 100 | |
| Services | 98 | 93 | 100 | |
| Groceries | 88 | 96 | 100 | |
| Health | 86 | 88 | 100 | |
| Housing | 88 | 82 | 100 | |
| Transportation | 97 | 90 | 100 | |
| Utilities | 107 | 93 | 100 | |
Smyrna, 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 Smyrna is $239,100.
The Median Rent in Smyrna is $1,199.
The Median Income in Smyrna is $70,879.
The Home Value To Income in Smyrna is 3.4x.
The Rent To Monthly Income in Smyrna is 0.2x.
| Statistic | Smyrna | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $239,100 | $193,700 | $244,900 |
| Median Rent | $1,199 | $951 | $1,163 |
| Median Income | $70,879 | $58,516 | $69,021 |
| Home Value To Income | 3.4x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Smyrna, TN Costs By Category
Detailed Smyrna Services Costs Vs. Tennessee
Detailed Smyrna Groceries Costs Vs. Tennessee
Detailed Smyrna Health Costs Vs. Tennessee
Detailed Smyrna Transportation Costs Vs. Tennessee
Detailed Smyrna Utilities Costs Vs. Tennessee
Smyrna SnackAbility
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Cost Of Living In Cities Around Smyrna
The cost of living varies in the cities and towns around Smyrna. 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 Smyrna.
Franklin, TN has a cost of living index of 118, 1.3x Smyrna.
Brentwood, TN has a cost of living index of 150, 1.6x Smyrna.
| City | Population | Cost Of Living | Vs. Smyrna |
|---|---|---|---|
| Murfreesboro, TN | 148,970 | 99 | 1.1x |
| Franklin, TN | 81,531 | 118 | 1.3x |
| Brentwood, TN | 44,354 | 150 | 1.6x |
| La Vergne, TN | 38,127 | 94 | 1.0x |
| 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 |
