Murfreesboro, TN Cost Of Living
Cost Of Living In Murfreesboro, TN Summary
Cost of living in Murfreesboro 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 Murfreesboro 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 Murfreesboro is 108, with 100 being the average.
The cost of living index in Murfreesboro is 1.1x higher than the national average.
Murfreesboro ranks as the #94 cheapest in Tennessee out of 109.
Murfreesboro ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Murfreesboro is $423,368.
The median income in Murfreesboro is $76,241.
Table Of Contents
Murfreesboro's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Murfreesboro, TN?
According to the most recent data on the cost of living, Murfreesboro has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Tennessee, Murfreesboro has a cost of living index that's 1.2x higher than Tennessee's index of 90.
The standard of living in Murfreesboro ranks as #94 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Murfreesboro ranks as the #15 most expensive place in the Volunteer State.
For more reading on life in Murfreesboro, check out:
In Tennessee
In America
Murfreesboro Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Murfreesboro. Here is how it fairs on each of the criteria:
The Services index in Murfreesboro is 96.
The Groceries index in Murfreesboro is 98.
The Health index in Murfreesboro is 90.
The Housing index in Murfreesboro is 131.
The Transportation index in Murfreesboro is 94.
The Utilities index in Murfreesboro is 101.
| Living Expense | Murfreesboro | Tennessee | National Average | |
|---|---|---|---|---|
| Overall | 108 | 90 | 100 | |
| Services | 96 | 93 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 90 | 87 | 100 | |
| Housing | 131 | 81 | 100 | |
| Transportation | 94 | 89 | 100 | |
| Utilities | 101 | 95 | 100 | |
Murfreesboro, 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 Murfreesboro is $423,368.
The Median Rent in Murfreesboro is $1,376.
The Median Income in Murfreesboro is $76,241.
The Home Value To Income in Murfreesboro is 5.6x.
The Rent To Monthly Income in Murfreesboro is 0.22x.
| Statistic | Murfreesboro | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $423,368 | $330,598 | $303,400 |
| Median Rent | $1,376 | $1,122 | $1,348 |
| Median Income | $76,241 | $67,097 | $78,538 |
| Home Value To Income | 5.6x | 4.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Murfreesboro, TN Costs By Category
Detailed Murfreesboro Services Costs Vs. Tennessee
| Item | Murfreesboro | 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 Murfreesboro Groceries Costs Vs. Tennessee
| Item | Murfreesboro | 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 Murfreesboro Health Costs Vs. Tennessee
| Item | Murfreesboro | Tennessee |
|---|---|---|
| Optometrist | $96.03 | $125.68 |
| Doctor | $116.91 | $135.78 |
| Dentist | $104.65 | $113.29 |
Detailed Murfreesboro Transportation Costs Vs. Tennessee
| Item | Murfreesboro | Tennessee |
|---|---|---|
| Gasoline | $3.12 | $3.46 |
| Tire Balancing | $57.43 | $59.92 |
Detailed Murfreesboro Utilities Costs Vs. Tennessee
| Item | Murfreesboro | Tennessee |
|---|---|---|
| All Electricity | $183.77 | $193.99 |
| Phone | $218.37 | $192.25 |
Murfreesboro SnackAbility
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Cost Of Living In Cities Around Murfreesboro
The cost of living varies in the cities and towns around Murfreesboro. Here's a quick look at the cost of living in the most populous nearby places:
Franklin, TN has a cost of living index of 130, 1.2x Murfreesboro.
Hendersonville, TN has a cost of living index of 109, 1.0x Murfreesboro.
Smyrna, TN has a cost of living index of 103, 1.0x Murfreesboro.
| City | Population | Cost Of Living | Vs. Murfreesboro |
|---|---|---|---|
| Franklin, TN | 85,575 | 130 | 1.2x |
| Hendersonville, TN | 62,390 | 109 | 1.0x |
| Smyrna, TN | 55,066 | 103 | 1.0x |
| Spring Hill, TN | 53,585 | 115 | 1.1x |
| Brentwood, TN | 45,272 | 162 | 1.5x |
| Mount Juliet, TN | 40,828 | 114 | 1.1x |
| La Vergne, TN | 38,944 | 101 | 0.9x |
| Nolensville, TN | 14,545 | 146 | 1.4x |
| White House, TN | 13,875 | 101 | 0.9x |
| Green Hill, TN | 6,617 | 111 | 1.0x |
