Housing costs in McMinnville?
A typical home costs
$207,100, which is 38.7% less expensive than the national average of
$338,100 and 25.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in McMinnville costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,070.
Can I afford McMinnville?
To live comfortably in McMinnville, Tennessee, a minimum annual income of
$39,600 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about McMinnville?
McMinnville, TN has an affordable cost of living. According to Best Places, the overall cost of living index is 79.5 which is below the national average. Housing expenses are very reasonable with median home prices of around $108,000 compared to $231,200 on a national level. Additionally, the grocery and healthcare costs in McMinnville are also lower than the rest of the country. All these factors make McMinnville an attractive place for those looking for an affordable place to call home.