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Collinwood, TN vs Liberty, TN

54
Collinwood
Tennessee
VS
-25.1%
72
Liberty
Tennessee

There is a significant gap in the cost of living between these two cities. Collinwood is 25.1% cheaper than Liberty. With a cost index of 54 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collinwood to Liberty should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collinwood is $473/month compared to $758/month in Liberty — a 38% difference. Home values follow the same pattern: Collinwood is more affordable at $89,100 median vs $182,100.

Median household income in Collinwood is $52,083 compared to $44,205 in Liberty (+17.8%). Collinwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Collinwood spend roughly 10.9% of their income on rent, less than the 20.6% in Liberty.

Income & Cost

Cost of Living Index
Collinwood
54
25% cheaper
Liberty
72
Median Household Income
Collinwood
$52,083
15% higher
Liberty
$44,205

Housing

Median Rent
Collinwood
$473
38% cheaper
Liberty
$758
Median Home Value
Collinwood
$89,100
51% cheaper
Liberty
$182,100
Population
Collinwood
1,044
Liberty
367

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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