Cost of living in Arlington 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 Arlington 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 Arlington is 103, with 100 being the average.
The cost of living index in Arlington is 1.0x higher than the national average.
Arlington ranks as the #94 cheapest in Tennessee out of 105.
Arlington ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Arlington is $282,800.
The median income in Arlington is $104,637.
According to the most recent data on the cost of living, Arlington has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Tennessee, Arlington has a cost of living index that's 1.1x higher than Tennessee's index of 90.
The standard of living in Arlington ranks as #94 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Arlington ranks as the #11 most expensive place in the Volunteer State.
For more reading on life in Arlington, check out:
Six factors go into calculating the cost of living index in Arlington. Here is how it fairs on each of the criteria:
The Services index in Arlington is 89.
The Groceries index in Arlington is 87.
The Health index in Arlington is 80.
The Housing index in Arlington is 132.
The Transportation index in Arlington is 86.
The Utilities index in Arlington is 90.
|Living Expense||Arlington||Tennessee||National Average|
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 Arlington is $282,800.
The Median Rent in Arlington is $1,755.
The Median Income in Arlington is $104,637.
The Home Value To Income in Arlington is 2.7x.
The Rent To Monthly Income in Arlington is 0.2x.
|Median Home Value||$282,800||$193,700||$244,900|
|Home Value To Income||2.7x||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 Arlington. Here's a quick look at the cost of living in the most populous nearby places:
Bartlett, TN has a cost of living index of 93, 0.9x Arlington.
Collierville, TN has a cost of living index of 107, 1.0x Arlington.
Germantown, TN has a cost of living index of 108, 1.0x Arlington.