Cost of Living in Collierville, TN
Overall index: 131 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 132 | +32% | $1,102 |
| Transportation | 99 | -1% | $3.50 |
| Food | 180 | +80% | $738 |
| Utilities | 116 | +16% | $238 |
| Healthcare | 116 | +16% | $172 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Collierville?
A single adult living comfortably in Collierville, TN needs approximately $45,850 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Collierville, TN?
The overall cost of living in Collierville, TN is 31% higher than the US national average (index: 131 where 100 = national average).
How much is rent in Collierville, TN?
Average rent for a 1-bedroom apartment in Collierville, TN is about $1,102/month.
Is Collierville, TN expensive to live in?
Yes, Collierville, TN is considered expensive (index above national average).
What salary do I need to live in Collierville, TN?
A single adult needs roughly $45,850/year to cover basic living costs in Collierville, TN.