| Index | Hendersonville | Tennessee | National |
| Cost of living | 111 | 92 | 100 |
| Groceries | 100 | 98 | 100 |
| Health care | 96 | 97 | 100 |
| Housing | 145 | 80 | 100 |
| Transportation | 94 | 97 | 100 |
| Utilities | 98 | 98 | 100 |
| Lifestyle & Entertainment | 97 | 97 | 100 |
| Household Items | 96 | 98 | 100 |
| Education & Childcare | 96 | 97 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Hendersonville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Hendersonville stands at 111, making it 11% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
Housing costs are a very significant part of the Hendersonville cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 44.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Locals have the inside scoop on their city. So, we polled 11 residents in Hendersonville to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 45% find it reasonable with decreasing prices, but 55% think it's quite pricey, with prices that continue to rise.
Is Hendersonville affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Hendersonville, for instance, where the median home price falls 54.9% higher than the national average, and monthly rent rates are 21.2% higher than usual. Additionally, median income levels contribute to the equation, with Hendersonville flaunting a median household income of $112,622, 38.5% higher than the national norm.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Hendersonville, the housing index is 44.8% higher than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Hendersonville, the transportation index is 5.7% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Hendersonville, healthcare costs are 4.3% lower than the national average.
The Hendersonville cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $134,343 | $11,195 | $3,134 | $4,031 |
| Renters | $73,178 | $6,098 | $1,707 | $2,196 |
| State | General Sales Tax | With Max Surtax |
| Tennessee | 7% | 9.75% |
| State | Income Tax (Low) | Income Tax (High) |
| Tennessee | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Graball, TN | 107 | 98 | 2.2% |
| New Deal, TN | 252 | 99 | 1.3% |
| Millersville, TN | 6,596 | 100 | 0.1% |
| Greenbrier, TN | 7,131 | 102 | 2.2% |
| White House, TN | 12,599 | 104 | 3.5% |
| Hendersonville, TN | 59,856 | 111 | 11.4% |
| City | Population | Cost of Living Index | National Avg. |
| White Plains, NY | 59,856 | 160 | 60.3% |
| Dubuque, IA | 59,811 | 92 | 8.3% |
| South Whittier, CA | 59,924 | 156 | 55.8% |
| Margate, FL | 59,787 | 110 | 9.5% |
| Sarasota, FL | 59,705 | 118 | 18.1% |
| Hendersonville, TN | 59,856 | 111 | 11.4% |
Here are the best places to live in Tennessee
See the best places to live in Hendersonville
Safest Cities In The US
Check out the 10 safest cities in Tennessee