Collierville, TN vs Mount Juliet, TN

Collierville is moderately more affordable than Mount Juliet, with a 6.4% lower cost of living index. Collierville scores 117 compared to 126 for Mount Juliet, where the US average is 100. This difference means residents of Mount Juliet 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 $1,875/month in Mount Juliet — a 16% difference. Interestingly, home values tell a different story: while Collierville has cheaper rent, Mount Juliet actually has lower median home values ($423,000 vs $458,300).

Median household income in Collierville is $134,319 compared to $107,847 in Mount Juliet (+24.5%). Collierville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Collierville spend roughly 14.1% of their income on rent, less than the 20.9% in Mount Juliet.