Cost of Living in Berry Hill, TN

With a cost of living index of 128, Berry Hill, TN is a notably expensive place to live. Living here is 28% more expensive than the national average and 48% above the Tennessee state average of 80. Berry Hill is a small community of 1,944 residents.

Housing costs are the biggest factor in Berry Hill's cost of living. The median monthly rent is $1,728 (31% above the US median of $1,319), and the median home value sits at $513,700 (68% above the national median of $304,900). At current prices, the median home costs roughly 6.7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Berry Hill is $76,709, which is 2% higher than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Everyday prices in the Nashville-Davidson--Murfreesboro--Franklin, TN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.