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Collierville, TN vs Jackson, TN

117
Collierville
Tennessee
VS
+47.7%
80
Jackson
Tennessee

The cost of living difference between Collierville, TN and Jackson, TN is dramatic. Jackson is 47.7% cheaper than Collierville, a gap that translates to thousands of dollars per year in household expenses. Collierville has a cost index of 117 while Jackson sits at 80, 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 $1,094/month in Jackson — a 44% difference. Home values follow the same pattern: Jackson is more affordable at $195,000 median vs $458,300.

Median household income in Collierville is $134,319 compared to $51,552 in Jackson (+160.6%). 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 25.5% in Jackson.

Income & Cost

Cost of Living Index
Collierville
117
Jackson
80
32% cheaper
Median Household Income
Collierville
$134,319
62% higher
Jackson
$51,552

Housing

Median Rent
Collierville
$1,574
Jackson
$1,094
30% cheaper
Median Home Value
Collierville
$458,300
Jackson
$195,000
57% cheaper
Population
Collierville
51,212
Jackson
68,098

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Collierville $2.89
Jackson $2.89
US $3.07
🥚
Eggs (grade A, large)
Collierville $2.36
Jackson $2.36
US $2.50
🥛
Milk (whole)
Collierville $3.80
Jackson $3.80
US $4.03
🍞
Bread (white)
Collierville $1.75
Jackson $1.74
US $1.85
🍗
Chicken breast
Collierville $3.91
Jackson $3.91
US $4.14
Electricity
Collierville $0.15
Jackson $0.14
US $0.19