A+
1%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
18%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Bartlett Tennessee National
Cost of living10189100
Goods & Services9494100
Groceries10098100
Health care8788100
Housing11880100
Transportation8889100
Utilities9093100

An Overview of Cost of Living in Bartlett, TN

Understanding the cost of living in Bartlett can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Bartlett cost of living index is 101, which is 1% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

Everyday expenditures like food, housing, goods and services, transportation and health care in Bartlett are priced in a manner consistent with other areas. This means that residents of Bartlett can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Bartlett Affordable?

Is Bartlett affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Bartlett, the median home price is 6.1% higher than the national average and monthly rent prices are 45.3% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Bartlett boasting a median household income of $81,568, 47.4% higher than the national average.

What Factors can Influence the Cost of Living in Bartlett?

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Bartlett, the healthcare costs are 13.5% lower than the national average.

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Bartlett, the prevailing sales tax rate starts at 7%, and income tax rates kick off at 0%.

Where is the Data From?

The Bartlett cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Bartlett is 13% higher than the Tennessee average
  • The cost of living in Bartlett is 1% higher than the national average
  • Bartlett housing is 18% higher than the national average
  • Tennessee general sales tax is 37% higher than the national average
  • Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Bartlett

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Compare Bartlett, TN Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$87,372$7,281$2,039$2,621
      Renters$65,824$5,485$1,536$1,975
      The affordability of the housing market in Bartlett, TN as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bartlett homeowners, the median income is $87,372. This indicates that a monthly maximum of $2,039 should be spent by homeowners on all housing related costs. Renters have a median income of $65,824. This indicates that renters would have a maximum of $1,536 for their rent related monthly costs.

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

      State Income Tax (Low) Income Tax (High)
      Tennessee 0% 0%

      Goods & Services

      Item Bartlett National avg. Difference
      Haircut $26.94$24.2611.0%
      Beauty Salon $41.92$45.568.0%
      Toothpaste $3.62$3.702.1%
      Shampoo $1.11$1.2813.1%
      Movie $11.99$12.131.2%
      Bowling $13.75$18.0023.6%

      Groceries

      Item Bartlett National avg. Difference
      Ground Beef $6.10$5.844.5%
      Fried Chicken $1.46$1.577.0%
      Milk $4.71$4.670.8%
      Potatoes $5.15$4.934.3%
      Pizza $10.66$12.0911.8%
      Beer $9.95$10.414.4%

      Health Care

      Item Bartlett National avg. Difference
      Optometrist $77.39$125.6838.4%
      Doctor $124.94$135.788.0%
      Dentist $91.51$113.2919.2%
      Ibuprofen $10.19$10.654.4%
      Lipitor $518.09$468.6010.6%

      Housing

      Item Bartlett National avg. Difference
      Home Price $195,900.00$184,700.006.1%
      Avg. Mortgage Payment $2,240.45$2,346.694.5%
      Apartment Rent $1,379.00$949.0045.3%

      Transportation

      Item Bartlett National avg. Difference
      Gasoline $3.14$3.469.3%
      Tire Balancing $55.67$59.927.1%

      Utilities

      Item Bartlett National avg. Difference
      All Electricity $163.38$193.9915.8%
      Phone $192.72$192.250.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Memphis, TN650,9108613.9%
      Millington, TN10,6508811.9%
      Southaven, MS55,026946.5%
      Lakeland, TN12,6441087.8%
      Arlington, TN11,71511010.3%
      Bartlett, TN59,2521010.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Royal Oak, MI59,2561088.0%
      Brookline, MA59,223220119.7%
      St. Clair Shores, MI59,184964.2%
      Lancaster, PA59,321964.2%
      San Rafael, CA59,178217117.4%
      Bartlett, TN59,2521010.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.