Housing costs in Rockwood?
A typical home costs
$186,600, which is 44.8% less expensive than the national average of
$338,100 and 32.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Rockwood costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 20.2% cheaper than the state average of
$1,070.
Can I afford Rockwood?
To live comfortably in Rockwood, Tennessee, a minimum annual income of
$35,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Rockwood?
The cost of living in Rockwood, TN is relatively low compared to other parts of the country. The median home value in the area is around $109,500, which is significantly less than the national average. Additionally, housing costs like utilities and rent are much lower when compared to bigger cities. The city also has a low unemployment rate and good job opportunities, making it an attractive place for those looking to relocate. Additionally, there is no sales tax in Tennessee so goods tend to be cheaper than in some other states. All of these factors combine to make Rockwood an affordable place to live for families and individuals alike.