Collierville, TN vs La Vergne, TN

La Vergne is moderately more affordable than Collierville, with a 8.4% lower cost of living index. Collierville scores 117 compared to 108 for La Vergne, where the US average is 100. This difference means residents of Collierville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Collierville is $1,574/month compared to $1,714/month in La Vergne — a 8% difference. Interestingly, home values tell a different story: while Collierville has cheaper rent, La Vergne actually has lower median home values ($273,700 vs $458,300).

Median household income in Collierville is $134,319 compared to $80,418 in La Vergne (+67%). 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 25.6% in La Vergne.