Thompson's Station, TN Cost Of Living

The latest cost of living statistics for Thompson's Station. Includes statistics on rent, mortgages, healthcare, and other costs for Thompson's Station compared to the state and national averages.

Cost of living in Thompson's Station, Tennessee

Cost of living in Thompson's Station 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 Thompson's Station 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:

136 Cost of living index 1.4x higher vs US
#106 Cheapest in Tennessee (of 109)
#5,229 Cheapest in the U.S. (of 6,489)
$815,216 Median home value
$2,088 Median rent
$132,647 Median income
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What is the cost of living in Thompson's Station, TN?

According to the most recent data on the cost of living, Thompson's Station has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.

Compared to Tennessee, Thompson's Station has a cost of living index that's 1.4x higher than Tennessee's index of 94.

The standard of living in Thompson's Station ranks as #106 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Thompson's Station ranks as the #3 most expensive place in the Volunteer State.

For more reading on life in Thompson's Station, check out:

Thompson's Station Cost Of Living Vs. Tennessee

Six factors go into calculating the cost of living index in Thompson's Station. Here is how it fares on each of the criteria:

  • The Services index in Thompson's Station is 99.

  • The Groceries index in Thompson's Station is 98.

  • The Health index in Thompson's Station is 224.

  • The Housing index in Thompson's Station is 98.

  • The Transportation index in Thompson's Station is 100.

  • The Utilities index in Thompson's Station is 93.

Living Expense Thompson's Station Tennessee National Average
Overall 136 94 100
Services 99 99 100
Groceries 98 96 100
Health 224 82 100
Housing 98 95 100
Transportation 100 99 100
Utilities 93 98 100

Thompson's Station Cost Of Living Compared To Tennessee Averages

Services
Thompson's Station 99
Tennessee avg 99
Groceries
Thompson's Station 98
Tennessee avg 96
Health
Thompson's Station 224
Tennessee avg 82
Housing
Thompson's Station 98
Tennessee avg 95
Transportation
Thompson's Station 100
Tennessee avg 99
Utilities
Thompson's Station 93
Tennessee avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Tennessee, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Thompson's Station, TN Housing Cost Breakdown

$815,216Median Home Value
$2,088Median Rent
$132,647Median Income

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 Thompson's Station is $815,216.

  • The Median Rent in Thompson's Station is $2,088.

  • The Median Income in Thompson's Station is $132,647.

  • The Home Value To Income in Thompson's Station is 6.1x.

  • The Rent To Monthly Income in Thompson's Station is 0.19x.

Statistic Thompson's Station Tennessee United States
Median Home Value $815,216 $333,650 $332,700
Median Rent $2,088 $1,189 $1,413
Median Income $132,647 $69,595 $80,734
Home Value To Income 6.1x 4.8x 4.1x
Rent To Monthly Income 0.19x 0.21x 0.21x

Thompson's Station, TN Costs By Category

Detailed Thompson's Station Services costs vs. Tennessee
Item Thompson's Station Tennessee
Shampoo $1.05 $1.28
Movie $14.99 $12.13
Bowling $7.11 $18
Haircut $16.56 $24.26
Beauty Salon $38.22 $45.56
Detailed Thompson's Station Groceries costs vs. Tennessee
Item Thompson's Station Tennessee
Ground Beef $5.76 $5.84
Fried Chicken $1.45 $1.57
Milk $4.39 $4.67
Potatoes $5.03 $4.93
Pizza $10.79 $12.09
Beer $10.06 $10.41
Toothpaste $3.54 $3.7
Detailed Thompson's Station Health costs vs. Tennessee
Item Thompson's Station Tennessee
Optometrist $102.44 $125.68
Doctor $133.17 $135.78
Dentist $86.34 $113.29
Detailed Thompson's Station Transportation costs vs. Tennessee
Item Thompson's Station Tennessee
Gasoline $3.11 $3.46
Tire Balancing $37.5 $59.92
Detailed Thompson's Station Utilities costs vs. Tennessee
Item Thompson's Station Tennessee
All Electricity $187.59 $193.99
Phone $195.99 $192.25

Thompson's Station SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 9.5/10
Affordability 5/10
Diversity 6/10
SafetyN/A
Amenities 6/10
Education 9/10
Commute 5/10

Cost Of Living In Cities Around Thompson's Station

The cost of living varies in the cities and towns around Thompson's Station. 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 134, 1.0x Thompson's Station.

  • Spring Hill, TN has a cost of living index of 117, 0.9x Thompson's Station.

  • Brentwood, TN has a cost of living index of 164, 1.2x Thompson's Station.

City Population Cost Of Living Vs. Thompson's Station
Franklin, TN 87,133 134 1.0x
Spring Hill, TN 55,765 117 0.9x
Brentwood, TN 45,556 164 1.2x
Columbia, TN 45,441 94 0.7x
Nolensville, TN 15,074 144 1.1x
Fairview, TN 10,009 109 0.8x