Cost of Living in Bon Aqua Junction, TN

With a cost of living index of 74, Bon Aqua Junction, TN is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 6% below the Tennessee state average of 80. Bon Aqua Junction is a small community of 1,877 residents.

Housing costs are the biggest factor in Bon Aqua Junction's cost of living. The median monthly rent is $855 (35% below the US median of $1,319), and the median home value sits at $174,800 (43% below the national median of $304,900). At current prices, the median home costs roughly 5.3x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Bon Aqua Junction is $33,295, which is 56% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.