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Middle Valley, TN vs Springfield, TN

93
Middle Valley
Tennessee
VS
+7.3%
87
Springfield
Tennessee

Springfield is moderately more affordable than Middle Valley, with a 7.3% lower cost of living index. Middle Valley scores 93 compared to 87 for Springfield, where the US average is 100. This difference means residents of Middle Valley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Middle Valley is $1,255/month compared to $1,107/month in Springfield — a 13% difference. Home values follow the same pattern: Springfield is more affordable at $235,200 median vs $277,400.

Median household income in Middle Valley is $93,264 compared to $58,741 in Springfield (+58.8%). While Middle Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Middle Valley spend roughly 16.1% of their income on rent, less than the 22.6% in Springfield.

Income & Cost

Cost of Living Index
Middle Valley
93
Springfield
87
7% cheaper
Median Household Income
Middle Valley
$93,264
37% higher
Springfield
$58,741

Housing

Median Rent
Middle Valley
$1,255
Springfield
$1,107
12% cheaper
Median Home Value
Middle Valley
$277,400
Springfield
$235,200
15% cheaper
Population
Middle Valley
11,808
Springfield
18,985

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Middle Valley $2.88
Springfield $2.89
US $3.07
🥚
Eggs (grade A, large)
Middle Valley $2.35
Springfield $2.36
US $2.50
🥛
Milk (whole)
Middle Valley $3.79
Springfield $3.80
US $4.03
🍞
Bread (white)
Middle Valley $1.74
Springfield $1.74
US $1.85
🍗
Chicken breast
Middle Valley $3.90
Springfield $3.91
US $4.14
Electricity
Middle Valley $0.15
Springfield $0.15
US $0.19