Collierville, TN vs Spring Hill, TN

Collierville is moderately more affordable than Spring Hill, with a 5.1% lower cost of living index. Collierville scores 117 compared to 124 for Spring Hill, where the US average is 100. This difference means residents of Spring Hill 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 $1,738/month in Spring Hill — a 9% difference. Interestingly, home values tell a different story: while Collierville has cheaper rent, Spring Hill actually has lower median home values ($452,400 vs $458,300).

Median household income in Collierville is $134,319 compared to $106,658 in Spring Hill (+25.9%). 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 19.6% in Spring Hill.