Mount Juliet, TN Cost Of Living
Cost Of Living In Mount Juliet, TN Summary
Cost of living in Mount Juliet 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 Mount Juliet 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 Mount Juliet is 114, with 100 being the average.
The cost of living index in Mount Juliet is 1.1x higher than the national average.
Mount Juliet ranks as the #99 cheapest in Tennessee out of 109.
Mount Juliet ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Mount Juliet is $557,137.
The median income in Mount Juliet is $107,847.
Table Of Contents
Mount Juliet's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mount Juliet, TN?
According to the most recent data on the cost of living, Mount Juliet has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Tennessee, Mount Juliet has a cost of living index that's 1.3x higher than Tennessee's index of 90.
The standard of living in Mount Juliet ranks as #99 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Mount Juliet ranks as the #10 most expensive place in the Volunteer State.
For more reading on life in Mount Juliet, check out:
In Tennessee
In America
Mount Juliet Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Mount Juliet. Here is how it fairs on each of the criteria:
The Services index in Mount Juliet is 95.
The Groceries index in Mount Juliet is 102.
The Health index in Mount Juliet is 92.
The Housing index in Mount Juliet is 161.
The Transportation index in Mount Juliet is 90.
The Utilities index in Mount Juliet is 104.
| Living Expense | Mount Juliet | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 114 | 90 | 100 | |
| Services | 95 | 93 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 92 | 87 | 100 | |
| Housing | 161 | 81 | 100 | |
| Transportation | 90 | 89 | 100 | |
| Utilities | 104 | 95 | 100 | |
Mount Juliet, 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 Mount Juliet is $557,137.
The Median Rent in Mount Juliet is $1,875.
The Median Income in Mount Juliet is $107,847.
The Home Value To Income in Mount Juliet is 5.2x.
The Rent To Monthly Income in Mount Juliet is 0.21x.
| Statistic | Mount Juliet | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $557,137 | $330,598 | $303,400 |
| Median Rent | $1,875 | $1,122 | $1,348 |
| Median Income | $107,847 | $67,097 | $78,538 |
| Home Value To Income | 5.2x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Mount Juliet, TN Costs By Category
Detailed Mount Juliet Services Costs Vs. Tennessee
| Item | Mount Juliet | 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 Mount Juliet Groceries Costs Vs. Tennessee
| Item | Mount Juliet | 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 Mount Juliet Health Costs Vs. Tennessee
| Item | Mount Juliet | Tennessee |
|---|---|---|
| Optometrist | $96.03 | $125.68 |
| Doctor | $116.91 | $135.78 |
| Dentist | $104.65 | $113.29 |
Detailed Mount Juliet Transportation Costs Vs. Tennessee
| Item | Mount Juliet | Tennessee |
|---|---|---|
| Gasoline | $3.12 | $3.46 |
| Tire Balancing | $57.43 | $59.92 |
Detailed Mount Juliet Utilities Costs Vs. Tennessee
| Item | Mount Juliet | Tennessee |
|---|---|---|
| All Electricity | $183.77 | $193.99 |
| Phone | $218.37 | $192.25 |
Mount Juliet SnackAbility
/10
Cost Of Living In Cities Around Mount Juliet
The cost of living varies in the cities and towns around Mount Juliet. 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 Mount Juliet.
Smyrna, TN has a cost of living index of 103, 0.9x Mount Juliet.
Gallatin, TN has a cost of living index of 104, 0.9x Mount Juliet.
| City | Population | Cost Of Living | Vs. Mount Juliet |
|---|---|---|---|
| Hendersonville, TN | 62,390 | 109 | 1.0x |
| Smyrna, TN | 55,066 | 103 | 0.9x |
| Gallatin, TN | 46,667 | 104 | 0.9x |
| Lebanon, TN | 41,951 | 104 | 0.9x |
| La Vergne, TN | 38,944 | 101 | 0.9x |
| Goodlettsville, TN | 17,598 | 108 | 0.9x |
| Nolensville, TN | 14,545 | 146 | 1.3x |
| Green Hill, TN | 6,617 | 111 | 1.0x |
| Millersville, TN | 5,885 | 100 | 0.9x |
