| Index | Mount Juliet | Tennessee | National |
| Cost of living | 115 | 92 | 100 |
| Groceries | 100 | 98 | 100 |
| Health care | 97 | 97 | 100 |
| Housing | 157 | 80 | 100 |
| Transportation | 98 | 97 | 100 |
| Utilities | 97 | 98 | 100 |
| Lifestyle & Entertainment | 100 | 97 | 100 |
| Household Items | 97 | 98 | 100 |
| Education & Childcare | 93 | 97 | 100 |
Knowing the cost of living in Mount Juliet allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Mount Juliet stands at 115, marking it 15% higher than the national average.
When it comes to the cost of living in Mount Juliet, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 57% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Wondering if Mount Juliet is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Mount Juliet, for example, the median home price is 55.1% higher than what folks pay nationally, and monthly rent is 61.3% higher than the usual rates. Plus, income levels matter too, with Mount Juliet boasting a median household income of $138,769, which is 70.6% higher than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Mount Juliet, the utilities index stands at 2.6% lower than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower 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 Mount Juliet, the healthcare costs are 3% lower than the national average.
The cost of living data for Mount Juliet shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $152,501 | $12,708 | $3,558 | $4,575 |
| Renters | $104,660 | $8,722 | $2,442 | $3,140 |
| 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. |
| Castalian Springs, TN | 405 | 98 | 2.2% |
| Millersville, TN | 6,596 | 100 | 0.1% |
| La Vergne, TN | 36,426 | 102 | 2.0% |
| Ridgetop, TN | 2,503 | 104 | 4.3% |
| Gallatin, TN | 41,372 | 107 | 6.7% |
| Mount Juliet, TN | 36,915 | 115 | 15.4% |
| City | Population | Cost of Living Index | National Avg. |
| Marion, OH | 36,920 | 83 | 17.1% |
| Calumet City, IL | 36,968 | 92 | 8.5% |
| Foothill Farms, CA | 36,977 | 124 | 24.1% |
| Randallstown, MD | 36,841 | 115 | 15.4% |
| Oildale, CA | 36,792 | 108 | 8.0% |
| Mount Juliet, TN | 36,915 | 115 | 15.4% |
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