Collierville, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
107
Collierville's Overall Cost Of Living
1.1x
Higher Than The National Average
97 out of 105
In Tennessee
3,867 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Collierville is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Collierville, TN?

According to the most recent data on the cost of living, Collierville has an overall cost of living index of 107 which is 1.1x higher than the national index of 100.

Compared to only Tennessee, Collierville has a cost of living index that's 1.2x higher than Tennessee's index of 89.

The standard of living in Collierville ranks as #3,868 most affordable out of the 6,418 places we measured in Tennessee. By definition, that implies Collierville ranks as the #2,551 most expensive place in the Volunteer State.

For more reading on life in Collierville, check out:

Collierville Cost Of Living Vs. Tennessee

Living Expense Collierville Tennessee National Average
Overall 107 89 100
Services 91 94 100
Groceries 89 91 100
Health 79 91 100
Housing 141 81 100
Transportation 87 86 100
Utilities 90 92 100
For more reading on cost of living around Tennessee, check out:
Collierville Cost of Living Vs. TN

Collierville, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$332,900
Median Home Value
$1,354
Median Rent
$117,327
Median Income
Statistic Collierville Tennessee United States
Median Home Value $332,900 $177,600 $229,800
Median Rent $1,354 $897 $1,096
Median Income $117,327 $54,833 $64,994
Home Value To Income 2.8x 3.2x 3.5x
Rent To Monthly Income 0.14x 0.2x 0.2x

Detailed Collierville Services Costs Vs. Tennessee

Item Collierville Tennessee
Shampoo $0.91 $1.06
Movie $11.5 $10.68
Bowling $16.47 $14.67

Detailed Collierville Groceries Costs Vs. Tennessee

Item Collierville Tennessee
Ground Beef $3.42 $4.22
Fried Chicken $0.98 $1.39
Milk $1.79 $2.05

Detailed Collierville Health Costs Vs. Tennessee

Item Collierville Tennessee
Haircut $15.07 $18.62
Beauty Salon $36.63 $39.05
Toothpaste $1.65 $2.34

Detailed Collierville Transportation Costs Vs. Tennessee

Item Collierville Tennessee
Potatoes $3.62 $3.29
Pizza $10.37 $10.62
Beer $9.22 $9.38
Optometrist $74.47 $108.57
Doctor $84.25 $116.17
Dentist $77.68 $99.13

Detailed Collierville Utilities Costs Vs. Tennessee

Item Collierville Tennessee
Gasoline $1.94 $2.22
Tire Balancing $40.73 $50.07
All Electricity $133.97 $167.67
Phone $184.96 $175.64

Collierville SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8.5
Diversity
8
Safety
8
Amenities
8.5
Education
9
Commute
6

Cost Of Living In Cities Around Collierville

City Population Cost Of Living Vs. Collierville
Memphis, TN 650,910 79 0.7x
Bartlett, TN 59,252 93 0.9x
Southaven, MS 55,026 88 0.8x
Germantown, TN 39,196 108 1.0x
Olive Branch, MS 38,270 94 0.9x
Lakeland, TN 12,644 103 1.0x
Arlington, TN 11,715 103 1.0x
Oakland, TN 8,135 96 0.9x

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