Cost of Living in Mount Pleasant, TN

Population 4,803 · Tennessee · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Mount Pleasant a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $218,000. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 50 miles west of Murfreesboro, Mount Pleasant falls within that metro's commuting orbit. Median home values run roughly 40% lower than Murfreesboro's $365,000.

Cost Overview

Housing 71
Rent 62

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

About the Cost of Living in Mount Pleasant

The median home value in Mount Pleasant is $217,600 — 29% below the national median of $305,000. Median rent runs $812/month, 38% lower than the national median of $1,314/month. The median household income of $49,897/year is 33% lower than the US median of $74,580. The local unemployment rate is 2.1%, 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 Pleasant has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$217,600
29% below avg
Zillow Home Value
$528,650
Zillow ZHVI
Median Rent
$812/mo
38% below avg
Price-to-Rent Ratio
22.3x
Favors renting
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 62.1%
Renter-occupied 37.9%

💰 Estimated Monthly Budget

Rent median rent
$812
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,426/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
29.4 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.0%

Commute Mode

Drove alone
80.3%
Carpooled
12.4%
Walked
0.5%
Work from home
6.0%

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
$49,897
33% below avg
Per Capita Income
$28,512
Unemployment Rate
2.1%
56% below avg
Poverty Rate
22.0%
Labor Force Participation
56.4%

🎓 Education

Bachelor's degree+ 11.1%
Graduate degree 2.2%

👥 Demographics

Median Age 39.6
Male median age 35.2
Female median age 39.8

🌤 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 36 — Good
77.4%
Good air days/yr
96
Max AQI recorded
358
PM2.5 days
0
Ozone days

Frequently Asked Questions

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

Mount Pleasant has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Mount Pleasant, TN?

The median gross rent in Mount Pleasant is $812 per month based on 2023 Census data.

What is the average home price in Mount Pleasant?

The median home value in Mount Pleasant is $217,600 according to Zillow and Census data.

What is the median income in Mount Pleasant?

The median household income in Mount Pleasant is $49,897 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Pleasant, TN?

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

Is Mount Pleasant, TN affordable?

Yes, Mount Pleasant is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

What is the weather like in Mount Pleasant?

Mount Pleasant 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 Pleasant at a Glance

Population
4,803
Median Income
$49,897
Home Value
$217,600
Median Rent
$812/mo
Unemployment
2.1%
Avg High Temp
71.6°F
Sales Tax
9.6%
View all cities in Tennessee →
🗺️ County data for Tennessee

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs