Cost of Living in Shackle Island, TN
Population: 4,164 | Tennessee
Shackle Island is 12% more expensive than the national average.
Cost of Living in Shackle Island, TN: What You Need to Know
With a cost of living index of 112, Shackle Island, TN is somewhat more expensive than average. Living here is 12% more expensive than the national average and 32% above the Tennessee state average of 80. Shackle Island is a small community of 4,164 residents.
The median household income in Shackle Island is $131,944, which is 76% 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
- $131,944
- vs US Median ($75,149)
- +76%
Housing
- Median Home Value
- $467,500
- Median Monthly Housing Cost
- $1,709/mo
Everyday Prices in Shackle Island
BLS Average Prices for the Nashville-Davidson--Murfreesboro--Franklin, TN (Metropolitan Statistical Area) area