Cost of Living in Pleasant Hill, TN
Population: 546 | Tennessee
Pleasant Hill is 26% less expensive than the national average.
Cost of Living in Pleasant Hill, TN: What You Need to Know
With a cost of living index of 74, Pleasant Hill, 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. Pleasant Hill is a small community of 546 residents.
Housing costs are the biggest factor in Pleasant Hill's cost of living. The median monthly rent is $933 (29% below the US median of $1,319), and the median home value sits at $170,400 (44% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.
The median household income in Pleasant Hill is $48,393, which is 36% lower than the national median of $75,149. Residents spend roughly 23% 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.
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
- $48,393
- vs US Median ($75,149)
- -36%
Housing
- Median Rent
- $933/mo
- Median Home Value
- $170,400
- Median Monthly Housing Cost
- $628/mo