Cost of Living in La Vergne, TN

With a cost of living index of 108, La Vergne, TN is somewhat more expensive than average. Living here is 8% more expensive than the national average and 28% above the Tennessee state average of 80. With a population of 38,944, La Vergne is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in La Vergne's cost of living. The median monthly rent is $1,714 (30% above the US median of $1,319), and the median home value sits at $273,700 (10% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in La Vergne is $80,418, which is 7% higher than the national median of $75,149. Residents spend roughly 26% 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.