Collierville, TN vs Hendersonville, TN

Collierville, TN and Hendersonville, TN have a very similar cost of living, with only a 3.5% difference in their overall index. Collierville scores 117 while Hendersonville scores 114 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Collierville is $1,574/month compared to $1,552/month in Hendersonville — a 1% difference. Home values follow the same pattern: Hendersonville is more affordable at $396,500 median vs $458,300.

Median household income in Collierville is $134,319 compared to $91,503 in Hendersonville (+46.8%). 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 20.4% in Hendersonville.