Cost of living in Goodlettsville 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 Goodlettsville 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 Goodlettsville is 108, with 100 being the average.
The cost of living index in Goodlettsville is 1.1x higher than the national average.
Goodlettsville ranks as the #94 cheapest in Tennessee out of 109.
Goodlettsville ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Goodlettsville is $390,263.
The median income in Goodlettsville is $65,898.
According to the most recent data on the cost of living, Goodlettsville has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Tennessee, Goodlettsville has a cost of living index that's 1.2x higher than Tennessee's index of 90.
The standard of living in Goodlettsville ranks as #94 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Goodlettsville ranks as the #15 most expensive place in the Volunteer State.
For more reading on life in Goodlettsville, check out:
Six factors go into calculating the cost of living index in Goodlettsville. Here is how it fairs on each of the criteria:
The Services index in Goodlettsville is 96.
The Groceries index in Goodlettsville is 98.
The Health index in Goodlettsville is 93.
The Housing index in Goodlettsville is 131.
The Transportation index in Goodlettsville is 92.
The Utilities index in Goodlettsville is 102.
| Living Expense | Goodlettsville | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 108 | 90 | 100 | |
| Services | 96 | 93 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 93 | 87 | 100 | |
| Housing | 131 | 81 | 100 | |
| Transportation | 92 | 89 | 100 | |
| Utilities | 102 | 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 Goodlettsville is $390,263.
The Median Rent in Goodlettsville is $1,370.
The Median Income in Goodlettsville is $65,898.
The Home Value To Income in Goodlettsville is 5.9x.
The Rent To Monthly Income in Goodlettsville is 0.25x.
| Statistic | Goodlettsville | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $390,263 | $330,598 | $303,400 |
| Median Rent | $1,370 | $1,122 | $1,348 |
| Median Income | $65,898 | $67,097 | $78,538 |
| Home Value To Income | 5.9x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
| Item | Goodlettsville | Tennessee |
|---|---|---|
| Shampoo | $1.23 | $1.28 |
| Movie | $13.3 | $12.13 |
| Bowling | $19.79 | $18 |
| Haircut | $24.76 | $24.26 |
| Beauty Salon | $46.01 | $45.56 |
| Item | Goodlettsville | Tennessee |
|---|---|---|
| Ground Beef | $5.7 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.68 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $10.85 | $12.09 |
| Beer | $10.05 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
| Item | Goodlettsville | Tennessee |
|---|---|---|
| Optometrist | $96.03 | $125.68 |
| Doctor | $116.91 | $135.78 |
| Dentist | $104.65 | $113.29 |
| Item | Goodlettsville | Tennessee |
|---|---|---|
| Gasoline | $3.12 | $3.46 |
| Tire Balancing | $57.43 | $59.92 |
| Item | Goodlettsville | Tennessee |
|---|---|---|
| All Electricity | $183.77 | $193.99 |
| Phone | $218.37 | $192.25 |
The cost of living varies in the cities and towns around Goodlettsville. Here's a quick look at the cost of living in the most populous nearby places:
Hendersonville, TN has a cost of living index of 109, 1.0x Goodlettsville.
Gallatin, TN has a cost of living index of 104, 1.0x Goodlettsville.
Mount Juliet, TN has a cost of living index of 114, 1.1x Goodlettsville.
| City | Population | Cost Of Living | Vs. Goodlettsville |
|---|---|---|---|
| Hendersonville, TN | 62,390 | 109 | 1.0x |
| Gallatin, TN | 46,667 | 104 | 1.0x |
| Mount Juliet, TN | 40,828 | 114 | 1.1x |
| Springfield, TN | 18,985 | 92 | 0.9x |
| White House, TN | 13,875 | 101 | 0.9x |
| Ashland, VA | 7,667 | 105 | 1.0x |
| Greenbrier, TN | 6,960 | 101 | 0.9x |
| Green Hill, TN | 6,617 | 111 | 1.0x |
| Millersville, TN | 5,885 | 100 | 0.9x |