Cost of Living in Cedar Hill, TN

With a cost of living index of 84, Cedar Hill, TN is a very affordable place to live. Living here is 16% cheaper than the national average and 3% above the Tennessee state average of 80. Cedar Hill is a small community of 375 residents.

Housing costs are the biggest factor in Cedar Hill's cost of living. The median monthly rent is $1,196 (9% below the US median of $1,319), and the median home value sits at $163,900 (46% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Cedar Hill is $58,750, which is 22% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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.