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Cost of Living in Walnut Hill, TN

Population: 2,480 | Tennessee

84
Cost of Living Index
US Average = 100

Walnut Hill is 16% less expensive than the national average.

100
Housing
57
Home Values
85
Regional Price

Cost of Living in Walnut Hill, TN: What You Need to Know

With a cost of living index of 84, Walnut Hill, TN is a very affordable place to live. Living here is 16% cheaper than the national average and 3% above the Tennessee state average of 80. Walnut Hill is a small community of 2,480 residents.

The median household income in Walnut Hill is $65,074, which is 13% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Kingsport-Bristol, TN-VA (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
$65,074
vs US Median ($75,149)
-13%

Housing

Median Home Value
$172,500
Median Monthly Housing Cost
$729/mo

Everyday Prices in Walnut Hill

BLS Average Prices for the Kingsport-Bristol, TN-VA (Metropolitan Statistical Area) area

$2.90
Gasoline (regular)
per gallon
-5% vs US
🥚
$2.37
Eggs (grade A, large)
per dozen
-5% vs US
🥛
$3.81
Milk (whole)
per gallon
-5% vs US
🍞
$1.75
Bread (white)
per lb
-5% vs US
🍗
$3.92
Chicken breast
per lb
-5% vs US
$0.15
Electricity
per kWh
-20% vs US

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