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Cost of Living in Forest Hills, TN

Population: 4,802 | Tennessee

168
Cost of Living Index
US Average = 100

Forest Hills is 68% more expensive than the national average.

100
Housing
375
Home Values
97
Regional Price

Cost of Living in Forest Hills, TN: What You Need to Know

With a cost of living index of 168, Forest Hills, TN is one of the most expensive cities in the United States. Living here is 68% more expensive than the national average and 87% above the Tennessee state average of 80. Forest Hills is a small community of 4,802 residents.

The median household income in Forest Hills is $250,001, which is 233% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

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.

Income

Median Household Income
$250,001
vs US Median ($75,149)
+233%

Housing

Median Home Value
$1,142,200
Median Monthly Housing Cost
$2,900/mo

Everyday Prices in Forest Hills

BLS Average Prices for the Nashville-Davidson--Murfreesboro--Franklin, TN (Metropolitan Statistical Area) area

$2.89
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.36
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.80
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.91
Chicken breast
per lb
-6% vs US
$0.15
Electricity
per kWh
-23% vs US

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