Cost of Living in Murfreesboro, TN
Murfreesboro has a cost of living index of 95 (100 = national average), making it more affordable than the national average. The median household income is $59,382 and the median home price is $375,000.
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Murfreesboro at a Glance
Population
163,375
Cost of Living Index
95
Median Income
$59,382
Median Home Price
$375,000
Property Tax Rate
0.72%
Sales Tax Rate
9.25%
Rent Index
92
State
Tennessee
Living in Murfreesboro
Murfreesboro offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $375,000 is well within reach for many families.
The combined sales tax rate in Murfreesboro is 9.25%, and the effective property tax rate is 0.72%. Property taxes are relatively low compared to the national average.