Cost of Living in Mount Juliet, TN

Population 40,828 · Tennessee · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mount Juliet lands reasonably close to national benchmarks on most cost indicators, with a median home value of $423,000 — 39% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Tennessee.

Located 15 miles east of Nashville-Davidson, Mount Juliet falls within that metro's commuting orbit. Median home values run roughly 10% higher than Nashville-Davidson's $383,000.

Cost Overview

Housing 139
Rent 143

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Mount Juliet

The median home value in Mount Juliet is $423,000 — 39% above the national median of $305,000. Median rent runs $1,875/month, 43% higher than the national median of $1,314/month. The median household income of $107,847/year is 45% higher than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 71.6°F and lows of 50.1°F, with about 4.7" of annual snowfall. Overall, Mount Juliet has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$423,000
39% above avg
Zillow Home Value
$553,581
Zillow ZHVI
Median Rent
$1,875/mo
43% above avg
Zillow Rent
$2,082/mo
Zillow ZORI
Price-to-Rent Ratio
18.8x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 74.9%
Renter-occupied 25.1%

💰 Estimated Monthly Budget

Rent median rent
$1,875
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,489/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
33.9 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.9%

Commute Mode

Drove alone
71.3%
Carpooled
7.0%
Public transit
0.9%
Walked
0.1%
Work from home
18.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$107,847
45% above avg
Per Capita Income
$54,633
Unemployment Rate
3.5%
28% below avg
Poverty Rate
4.1%
Labor Force Participation
70.0%

🎓 Education

Bachelor's degree+ 33.0%
Graduate degree 16.6%

👥 Demographics

Median Age 39.1
Male median age 37.6
Female median age 40.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.6°F
Avg Low
50.1°F
Annual Precip
50.5"
Annual Snowfall
4.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495463738088919084746152
Low °F 303340495866716962503933
Precip" 4.024.474.524.725.024.364.163.793.803.363.864.43
Snow" 2.01.50.70.00.00.00.00.00.00.00.10.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
86.5%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
244
Ozone days

Frequently Asked Questions

What is the cost of living in Mount Juliet, TN?

Mount Juliet has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Mount Juliet, TN?

The median gross rent in Mount Juliet is $1,875 per month based on 2023 Census data.

What is the average home price in Mount Juliet?

The median home value in Mount Juliet is $423,000 according to Zillow and Census data.

What is the median income in Mount Juliet?

The median household income in Mount Juliet is $107,847 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Juliet, TN?

The combined state and local sales tax rate in Mount Juliet is 9.6%. Tennessee has no state income tax.

Is Mount Juliet, TN affordable?

Mount Juliet is above average in cost of living, with an index of 140 — about 40% higher than the national average.

What is the weather like in Mount Juliet?

Mount Juliet has average high temperatures of 71.6°F and average lows of 50.1°F. Annual precipitation is 50.5". Average annual snowfall is 4.7". Data from NOAA 1991–2020 Climate Normals.

Mount Juliet at a Glance

Population
40,828
Median Income
$107,847
Home Value
$423,000
Median Rent
$1,875/mo
Unemployment
3.5%
Avg High Temp
71.6°F
Sales Tax
9.6%
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