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Collegedale, TN vs Springfield, TN

103
Collegedale
Tennessee
VS
+18.8%
87
Springfield
Tennessee

There is a significant gap in the cost of living between these two cities. Springfield is 18.8% cheaper than Collegedale. With a cost index of 87 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Springfield to Collegedale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collegedale is $1,435/month compared to $1,107/month in Springfield — a 30% difference. Home values follow the same pattern: Springfield is more affordable at $235,200 median vs $332,700.

Median household income in Collegedale is $64,905 compared to $58,741 in Springfield (+10.5%). The higher salaries in Collegedale partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Collegedale spend roughly 26.5% of their income on rent, more than the 22.6% in Springfield.

Income & Cost

Cost of Living Index
Collegedale
103
Springfield
87
16% cheaper
Median Household Income
Collegedale
$64,905
9% higher
Springfield
$58,741

Housing

Median Rent
Collegedale
$1,435
Springfield
$1,107
23% cheaper
Median Home Value
Collegedale
$332,700
Springfield
$235,200
29% cheaper
Population
Collegedale
11,185
Springfield
18,985

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Collegedale $2.88
Springfield $2.89
US $3.07
🥚
Eggs (grade A, large)
Collegedale $2.35
Springfield $2.36
US $2.50
🥛
Milk (whole)
Collegedale $3.79
Springfield $3.80
US $4.03
🍞
Bread (white)
Collegedale $1.74
Springfield $1.74
US $1.85
🍗
Chicken breast
Collegedale $3.90
Springfield $3.91
US $4.14
Electricity
Collegedale $0.15
Springfield $0.15
US $0.19