What is the cost of living in Millington, TN?
According to the most recent data on the cost of living, Millington has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Millington has a cost of living index that's 1.0x lower than Tennessee's index of 94.
The standard of living in Millington ranks as #30 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Millington ranks as the #79 most expensive place in the Volunteer State.
For more reading on life in Millington, check out:
Millington Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Millington. Here is how it fares on each of the criteria:
The Services index in Millington is 100.
The Groceries index in Millington is 100.
The Health index in Millington is 76.
The Housing index in Millington is 95.
The Transportation index in Millington is 97.
The Utilities index in Millington is 98.
| Living Expense | Millington | Tennessee | National Average |
|---|---|---|---|
| Overall | 90 | 94 | 100 |
| Services | 100 | 99 | 100 |
| Groceries | 100 | 96 | 100 |
| Health | 76 | 82 | 100 |
| Housing | 95 | 95 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 98 | 98 | 100 |
Millington Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, check out:
Protect your home budget Compare home warranties in Millington Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Millington, 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 2020-2024. The key points are:
The Median Home Value in Millington is $238,392.
The Median Rent in Millington is $1,111.
The Median Income in Millington is $49,979.
The Home Value To Income in Millington is 4.8x.
The Rent To Monthly Income in Millington is 0.27x.
| Statistic | Millington | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $238,392 | $333,650 | $332,700 |
| Median Rent | $1,111 | $1,189 | $1,413 |
| Median Income | $49,979 | $69,595 | $80,734 |
| Home Value To Income | 4.8x | 4.8x | 4.1x |
| Rent To Monthly Income | 0.27x | 0.21x | 0.21x |
Millington, TN Costs By Category
Detailed Millington Services costs vs. Tennessee
| Item | Millington | Tennessee |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.99 | $12.13 |
| Bowling | $13.75 | $18 |
| Haircut | $26.94 | $24.26 |
| Beauty Salon | $41.92 | $45.56 |
Detailed Millington Groceries costs vs. Tennessee
| Item | Millington | Tennessee |
|---|---|---|
| Ground Beef | $6.1 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $10.66 | $12.09 |
| Beer | $9.95 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Millington Health costs vs. Tennessee
| Item | Millington | Tennessee |
|---|---|---|
| Optometrist | $77.39 | $125.68 |
| Doctor | $124.94 | $135.78 |
| Dentist | $91.51 | $113.29 |
Detailed Millington Transportation costs vs. Tennessee
| Item | Millington | Tennessee |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $55.67 | $59.92 |
Detailed Millington Utilities costs vs. Tennessee
| Item | Millington | Tennessee |
|---|---|---|
| All Electricity | $163.38 | $193.99 |
| Phone | $192.72 | $192.25 |
Millington SnackAbility
Cost Of Living In Cities Around Millington
The cost of living varies in the cities and towns around Millington. Here's a quick look at the cost of living in the most populous nearby places:
Memphis, TN has a cost of living index of 93, 1.0x Millington.
Bartlett, TN has a cost of living index of 102, 1.1x Millington.
Germantown, TN has a cost of living index of 121, 1.3x Millington.
| City | Population | Cost Of Living | Vs. Millington |
|---|---|---|---|
| Memphis, TN | 618,980 | 93 | 1.0x |
| Bartlett, TN | 56,876 | 102 | 1.1x |
| Germantown, TN | 40,673 | 121 | 1.3x |
| Arlington, TN | 15,205 | 115 | 1.3x |
| Lakeland, TN | 14,192 | 113 | 1.3x |
| Marion, AR | 13,623 | 97 | 1.1x |
| Atoka, TN | 10,385 | 103 | 1.1x |
| Munford, TN | 6,588 | 102 | 1.1x |
