Cost Of Living in Thompson's Station, TN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Thompson's Station	Tennessee	National
Cost of living	132	89	100
Goods & Services	99	94	100
Groceries	97	98	100
Health care	89	88	100
Housing	218	80	100
Transportation	91	89	100
Utilities	91	93	100

New Real Estate Listings in Thompson's Station Area

For Sale For Rent

Search

Search Homes for Sale in Thompson's Station, TN

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Thompson's Station is 48% higher than the Tennessee average
The cost of living in Thompson's Station is 32% higher than the national average
Thompson's Station housing is 118% higher than the national average
Tennessee general sales tax is 37% higher than the national average
Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Thompson's Station

See all the best places to live around Thompson's Station

Compare Thompson's Station, TN Cost of Living

Write a review to give others more information about this area.

See all Thompson's Station poll results

The best places in Tennessee

Here are the best places to live in Tennessee

See the best places to live in Thompson's Station

These are the 10 cheapest cities in Tennessee

Check out the 10 most dangerous cities in Tennessee

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$106,685	$8,890	$2,489	$3,201
Renters	$48,810	$4,068	$1,139	$1,464

Tennessee Sales Tax

State	General Sales Tax	With Max Surtax
Tennessee	7%	9.75%

Tennessee Income Tax

State	Income Tax (Low)	Income Tax (High)
Tennessee	0%	0%

Goods & Services

Item	Thompson's Station	National avg.	Difference
Haircut	$16.56	$24.26	31.8%
Beauty Salon	$38.22	$45.56	16.1%
Toothpaste	$3.54	$3.70	4.4%
Shampoo	$1.05	$1.28	18.0%
Movie	$14.99	$12.13	23.5%
Bowling	$7.11	$18.00	60.5%

Groceries

Item	Thompson's Station	National avg.	Difference
Ground Beef	$5.76	$5.84	1.4%
Fried Chicken	$1.45	$1.57	7.6%
Milk	$4.39	$4.67	6.0%
Potatoes	$5.03	$4.93	1.9%
Pizza	$10.79	$12.09	10.7%
Beer	$10.06	$10.41	3.4%

Health Care

Item	Thompson's Station	National avg.	Difference
Optometrist	$102.44	$125.68	18.5%
Doctor	$133.17	$135.78	1.9%
Dentist	$86.34	$113.29	23.8%
Ibuprofen	$10.21	$10.65	4.2%
Lipitor	$452.02	$468.60	3.5%

Housing

Item	Thompson's Station	National avg.	Difference
Home Price	$425,100.00	$184,700.00	130.2%
Avg. Mortgage Payment	$1,627.51	$2,346.69	30.6%
Apartment Rent	$1,790.00	$949.00	88.6%

Transportation

Item	Thompson's Station	National avg.	Difference
Gasoline	$3.11	$3.46	10.0%
Tire Balancing	$37.50	$59.92	37.4%

Utilities

Item	Thompson's Station	National avg.	Difference
All Electricity	$187.59	$193.99	3.3%
Phone	$195.99	$192.25	1.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Columbia, TN	39,515	95	5.2%
Chapel Hill, TN	1,502	97	2.8%
Eagleville, TN	943	104	4.3%
Fairview, TN	8,989	108	8.1%
Spring Hill, TN	41,797	115	14.6%
Thompson's Station, TN	6,116	132	32.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Manistee, MI	6,116	87	12.7%
Corcoran, MN	6,113	127	27.0%
Edgewood, NM	6,113	101	1.0%
Foxborough, MA	6,119	132	31.9%
Los Ranchos de Albuquerque, NM	6,120	126	25.9%
Thompson's Station, TN	6,116	132	32.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Thompson's Station, TN