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Henderson, TN vs Pegram, TN

63
Henderson
Tennessee
VS
-40.8%
107
Pegram
Tennessee

The cost of living difference between Henderson, TN and Pegram, TN is dramatic. Henderson is 40.8% cheaper than Pegram, a gap that translates to thousands of dollars per year in household expenses. Henderson has a cost index of 63 while Pegram sits at 107, 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 Henderson is $725/month compared to $1,481/month in Pegram — a 51% difference. Home values follow the same pattern: Henderson is more affordable at $130,100 median vs $337,400.

Median household income in Henderson is $57,727 compared to $102,396 in Pegram (-43.6%). While Pegram is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Henderson spend roughly 15.1% of their income on rent, less than the 17.4% in Pegram.

Income & Cost

Cost of Living Index
Henderson
63
41% cheaper
Pegram
107
Median Household Income
Henderson
$57,727
Pegram
$102,396
44% higher

Housing

Median Rent
Henderson
$725
51% cheaper
Pegram
$1,481
Median Home Value
Henderson
$130,100
61% cheaper
Pegram
$337,400
Population
Henderson
6,349
Pegram
2,216

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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