Tennessee · Population 157,547 · Updated March 2026
How far your income goes in Murfreesboro
State-level tax rates that affect your costs
Murfreesboro is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 105 (where 100 equals the national median), Murfreesboro residents can expect to pay median rent of $1,376/month while earning a median household income of $76,241/year.
The median home value in Murfreesboro, TN is $365,100, with typical monthly owner costs around $1,435 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Tennessee has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 7.0% sales tax rate and 0.64% effective property tax rate, the overall tax environment helps keep costs manageable in Murfreesboro.
Common questions about living costs in Murfreesboro
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