Housing costs in Alcoa?
A typical home costs
$245,600, which is 27.4% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Alcoa costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and close to the state average of
$1,070.
Can I afford Alcoa?
To live comfortably in Alcoa, Tennessee, a minimum annual income of
$47,160 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Alcoa?
The cost of living in Alcoa, TN is very reasonable. According to Best Places, the cost of living index for Alcoa is 79.4, which is well below the national average. This means that basic goods and services are generally more affordable in Alcoa than in other parts of the country. Housing costs are especially low, with median home prices around $135,000 - significantly lower than the national median. Overall, Alcoa provides a quality of life that is both comfortable and economical.