Cost of Living in Prospect, TN
Population: 165 | Tennessee
Prospect is 18% less expensive than the national average.
Cost of Living in Prospect, TN: What You Need to Know
With a cost of living index of 82, Prospect, TN is a very affordable place to live. Living here is 18% cheaper than the national average and in line with the Tennessee state average. Prospect is a small community of 165 residents.
The median household income in Prospect is $74,583, which is 1% lower than the national median of $75,149.
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
- $74,583
- vs US Median ($75,149)
- -1%
Housing
- Median Home Value
- $117,000