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Collierville, TN vs Columbia, TN

117
Collierville
Tennessee
VS
+32.7%
89
Columbia
Tennessee

The cost of living difference between Collierville, TN and Columbia, TN is dramatic. Columbia is 32.7% cheaper than Collierville, a gap that translates to thousands of dollars per year in household expenses. Collierville has a cost index of 117 while Columbia sits at 89, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Collierville is $1,574/month compared to $1,092/month in Columbia — a 44% difference. Home values follow the same pattern: Columbia is more affordable at $261,700 median vs $458,300.

Median household income in Collierville is $134,319 compared to $61,204 in Columbia (+119.5%). While Collierville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Collierville spend roughly 14.1% of their income on rent, less than the 21.4% in Columbia.

Income & Cost

Cost of Living Index
Collierville
117
Columbia
89
25% cheaper
Median Household Income
Collierville
$134,319
54% higher
Columbia
$61,204

Housing

Median Rent
Collierville
$1,574
Columbia
$1,092
31% cheaper
Median Home Value
Collierville
$458,300
Columbia
$261,700
43% cheaper
Population
Collierville
51,212
Columbia
43,971

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Collierville $2.89
Columbia $2.89
US $3.07
🥚
Eggs (grade A, large)
Collierville $2.36
Columbia $2.36
US $2.50
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Milk (whole)
Collierville $3.80
Columbia $3.80
US $4.03
🍞
Bread (white)
Collierville $1.75
Columbia $1.74
US $1.85
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Chicken breast
Collierville $3.91
Columbia $3.91
US $4.14
Electricity
Collierville $0.15
Columbia $0.15
US $0.19