Hendersonville, TN Cost Of Living
Cost Of Living In Hendersonville, TN Summary
Cost of living in Hendersonville 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 Hendersonville 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 Hendersonville is 109, with 100 being the average.
The cost of living index in Hendersonville is 1.1x higher than the national average.
Hendersonville ranks as the #96 cheapest in Tennessee out of 109.
Hendersonville ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Hendersonville is $513,734.
The median income in Hendersonville is $91,503.
Table Of Contents
Hendersonville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hendersonville, TN?
According to the most recent data on the cost of living, Hendersonville has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Tennessee, Hendersonville has a cost of living index that's 1.2x higher than Tennessee's index of 90.
The standard of living in Hendersonville ranks as #96 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Hendersonville ranks as the #13 most expensive place in the Volunteer State.
For more reading on life in Hendersonville, check out:
In Tennessee
In America
Hendersonville Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Hendersonville. Here is how it fairs on each of the criteria:
The Services index in Hendersonville is 95.
The Groceries index in Hendersonville is 101.
The Health index in Hendersonville is 91.
The Housing index in Hendersonville is 145.
The Transportation index in Hendersonville is 93.
The Utilities index in Hendersonville is 101.
| Living Expense | Hendersonville | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 109 | 90 | 100 | |
| Services | 95 | 93 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 91 | 87 | 100 | |
| Housing | 145 | 81 | 100 | |
| Transportation | 93 | 89 | 100 | |
| Utilities | 101 | 95 | 100 | |
Hendersonville, 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 2019-2023. The key points are:
The Median Home Value in Hendersonville is $513,734.
The Median Rent in Hendersonville is $1,552.
The Median Income in Hendersonville is $91,503.
The Home Value To Income in Hendersonville is 5.6x.
The Rent To Monthly Income in Hendersonville is 0.2x.
| Statistic | Hendersonville | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $513,734 | $330,598 | $303,400 |
| Median Rent | $1,552 | $1,122 | $1,348 |
| Median Income | $91,503 | $67,097 | $78,538 |
| Home Value To Income | 5.6x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Hendersonville, TN Costs By Category
Detailed Hendersonville Services Costs Vs. Tennessee
| Item | Hendersonville | 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 |
Detailed Hendersonville Groceries Costs Vs. Tennessee
| Item | Hendersonville | 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 |
Detailed Hendersonville Health Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Optometrist | $96.03 | $125.68 |
| Doctor | $116.91 | $135.78 |
| Dentist | $104.65 | $113.29 |
Detailed Hendersonville Transportation Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| Gasoline | $3.12 | $3.46 |
| Tire Balancing | $57.43 | $59.92 |
Detailed Hendersonville Utilities Costs Vs. Tennessee
| Item | Hendersonville | Tennessee |
|---|---|---|
| All Electricity | $183.77 | $193.99 |
| Phone | $218.37 | $192.25 |
Hendersonville SnackAbility
/10
Cost Of Living In Cities Around Hendersonville
The cost of living varies in the cities and towns around Hendersonville. Here's a quick look at the cost of living in the most populous nearby places:
Gallatin, TN has a cost of living index of 104, 1.0x Hendersonville.
Lebanon, TN has a cost of living index of 104, 1.0x Hendersonville.
Mount Juliet, TN has a cost of living index of 114, 1.0x Hendersonville.
| City | Population | Cost Of Living | Vs. Hendersonville |
|---|---|---|---|
| Gallatin, TN | 46,667 | 104 | 1.0x |
| Lebanon, TN | 41,951 | 104 | 1.0x |
| Mount Juliet, TN | 40,828 | 114 | 1.0x |
| Goodlettsville, TN | 17,598 | 108 | 1.0x |
| White House, TN | 13,875 | 101 | 0.9x |
| Portland, TN | 13,325 | 94 | 0.9x |
| Greenbrier, TN | 6,960 | 101 | 0.9x |
| Green Hill, TN | 6,617 | 111 | 1.0x |
| Millersville, TN | 5,885 | 100 | 0.9x |
