Cost of Living in Walnut Hill, TN
Population: 2,480 | Tennessee
Walnut Hill is 16% less expensive than the national average.
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