Cost of living in Brentwood 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 Brentwood 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 Brentwood is 162, with 100 being the average.
The cost of living index in Brentwood is 1.6x higher than the national average.
Brentwood ranks as the #109 cheapest in Tennessee out of 109.
Brentwood ranks as the #5,933 cheapest out of 6,489 in the US.
The median home value in Brentwood is $1,366,842.
The median income in Brentwood is $184,720.
According to the most recent data on the cost of living, Brentwood has an overall cost of living index of 162, which is 1.6x higher than the national index of 100.
Compared to Tennessee, Brentwood has a cost of living index that's 1.8x higher than Tennessee's index of 90.
The standard of living in Brentwood ranks as #109 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Brentwood ranks as the #0 most expensive place in the Volunteer State.
For more reading on life in Brentwood, check out:
Six factors go into calculating the cost of living index in Brentwood. Here is how it fairs on each of the criteria:
The Services index in Brentwood is 92.
The Groceries index in Brentwood is 102.
The Health index in Brentwood is 93.
The Housing index in Brentwood is 324.
The Transportation index in Brentwood is 90.
The Utilities index in Brentwood is 104.
| Living Expense | Brentwood | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 162 | 90 | 100 | |
| Services | 92 | 93 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 93 | 87 | 100 | |
| Housing | 324 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 104 | 95 | 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 2019-2023. The key points are:
The Median Home Value in Brentwood is $1,366,842.
The Median Rent in Brentwood is $2,497.
The Median Income in Brentwood is $184,720.
The Home Value To Income in Brentwood is 7.4x.
The Rent To Monthly Income in Brentwood is 0.16x.
The cost of living varies in the cities and towns around Brentwood. 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 130, 0.8x Brentwood.
Smyrna, TN has a cost of living index of 103, 0.6x Brentwood.
Spring Hill, TN has a cost of living index of 115, 0.7x Brentwood.
| City | Population | Cost Of Living | Vs. Brentwood |
|---|---|---|---|
| Franklin, TN | 85,575 | 130 | 0.8x |
| Smyrna, TN | 55,066 | 103 | 0.6x |
| Spring Hill, TN | 53,585 | 115 | 0.7x |
| La Vergne, TN | 38,944 | 101 | 0.6x |
| Nolensville, TN | 14,545 | 146 | 0.9x |
| Fairview, TN | 9,751 | 106 | 0.7x |