Spring Hill, TN Cost Of Living
Cost Of Living In Spring Hill, TN Summary
Cost of living in Spring Hill 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 Spring Hill 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 Spring Hill is 106, with 100 being the average.
The cost of living index in Spring Hill is 1.1x higher than the national average.
Spring Hill ranks as the #96 cheapest in Tennessee out of 105.
Spring Hill ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Spring Hill is $335,800.
The median income in Spring Hill is $92,779.
Table Of Contents
Spring Hill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Spring Hill, TN?
According to the most recent data on the cost of living, Spring Hill has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Tennessee, Spring Hill has a cost of living index that's 1.2x higher than Tennessee's index of 90.
The standard of living in Spring Hill ranks as #96 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Spring Hill ranks as the #9 most expensive place in the Volunteer State.
For more reading on life in Spring Hill, check out:
- Living In Spring Hill
- Spring Hill Crime Report
- Search Homes For Sale In Spring Hill, TN
In Tennessee
In America
Spring Hill Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Spring Hill. Here is how it fairs on each of the criteria:
The Services index in Spring Hill is 105.
The Groceries index in Spring Hill is 96.
The Health index in Spring Hill is 96.
The Housing index in Spring Hill is 123.
The Transportation index in Spring Hill is 97.
The Utilities index in Spring Hill is 94.
| Living Expense | Spring Hill | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 106 | 90 | 100 | |
| Services | 105 | 93 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 96 | 88 | 100 | |
| Housing | 123 | 82 | 100 | |
| Transportation | 97 | 90 | 100 | |
| Utilities | 94 | 93 | 100 | |
Spring Hill, 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 Spring Hill is $335,800.
The Median Rent in Spring Hill is $1,588.
The Median Income in Spring Hill is $92,779.
The Home Value To Income in Spring Hill is 3.6x.
The Rent To Monthly Income in Spring Hill is 0.21x.
| Statistic | Spring Hill | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $335,800 | $193,700 | $244,900 |
| Median Rent | $1,588 | $951 | $1,163 |
| Median Income | $92,779 | $58,516 | $69,021 |
| Home Value To Income | 3.6x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Spring Hill, TN Costs By Category
Detailed Spring Hill Services Costs Vs. Tennessee
| Item | Spring Hill | Tennessee |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $9.97 | $10.68 |
| Bowling | $19.17 | $14.67 |
| Haircut | $18.67 | $18.62 |
| Beauty Salon | $33.33 | $39.05 |
Detailed Spring Hill Groceries Costs Vs. Tennessee
| Item | Spring Hill | Tennessee |
|---|---|---|
| Ground Beef | $5.09 | $4.22 |
| Fried Chicken | $1.45 | $1.39 |
| Milk | $1.62 | $2.05 |
| Potatoes | $2.86 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $9.1 | $9.38 |
| Toothpaste | $2.2 | $2.34 |
Detailed Spring Hill Health Costs Vs. Tennessee
| Item | Spring Hill | Tennessee |
|---|---|---|
| Optometrist | $109.44 | $108.57 |
| Doctor | $112.22 | $116.17 |
| Dentist | $100.06 | $99.13 |
Detailed Spring Hill Transportation Costs Vs. Tennessee
| Item | Spring Hill | Tennessee |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $51.41 | $50.07 |
Detailed Spring Hill Utilities Costs Vs. Tennessee
| Item | Spring Hill | Tennessee |
|---|---|---|
| All Electricity | $156.41 | $167.67 |
| Phone | $181.81 | $175.64 |
Spring Hill SnackAbility
/10
Cost Of Living In Cities Around Spring Hill
The cost of living varies in the cities and towns around Spring Hill. Here's a quick look at the cost of living in the most populous nearby places:
Franklin, TN has a cost of living index of 118, 1.1x Spring Hill.
Hendersonville, TN has a cost of living index of 100, 0.9x Spring Hill.
Smyrna, TN has a cost of living index of 94, 0.9x Spring Hill.
| City | Population | Cost Of Living | Vs. Spring Hill |
|---|---|---|---|
| Franklin, TN | 81,531 | 118 | 1.1x |
| Hendersonville, TN | 60,628 | 100 | 0.9x |
| Smyrna, TN | 52,401 | 94 | 0.9x |
| Brentwood, TN | 44,354 | 150 | 1.4x |
| Columbia, TN | 40,957 | 93 | 0.9x |
| Mount Juliet, TN | 38,059 | 103 | 1.0x |
| Lebanon, TN | 37,471 | 98 | 0.9x |
| Nolensville, TN | 13,393 | 123 | 1.2x |
| Fairview, TN | 9,299 | 97 | 0.9x |
| Green Hill, TN | 7,018 | 101 | 1.0x |
