Cost of Living in Shelbyville

Shelbyville runs genuinely cheap by every cost-of-living measure found this session, though a real, disclosed 20.69% poverty rate is a meaningful counterpoint to the low-cost, high-growth narrative.

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A low cost-of-living index, well below the national average

BestPlaces scores Shelbyville at 84.7 on its cost-of-living index -- 15.3% below the national average, though 5.8% above the Tennessee state average (retrieved 2026-08-22).

Rent runs modestly below the national average

One rent aggregator cited a May 2026 median rent of $1,725 across all bedroom counts and property types -- about 12% ($225) below the national average.

Real economic strain alongside the growth and low costs

Median household income is cited at $55,073, below both the Tennessee and national medians, with a 20.69% poverty rate (Neilsberg ACS-based aggregation, retrieved 2026-08-22) -- a real, disclosed indicator that Shelbyville's growth and low costs coexist with genuine economic strain for a meaningful share of residents, not smoothed over in favor of the more positive growth/investment narrative.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.