Ridgely, TN Cost of Living


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United States / Tennessee / No Metro Area / Lake County / Ridgely / Zip Codes

Ridgely cost of living score
65.6
Less expensive
34.4% lower
than the US average
27.0% lower
than the Tennessee average
Ridgely, Tennessee gets a BestPlaces Cost of Living score of 65.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 34.4% lower than the U.S. average and 27.0% higher than the average for Tennessee.

Ridgely, TN

Housing costs in Ridgely?
A typical home costs $71,000, which is 79.0% less expensive than the national average of $338,100 and 74.4% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Ridgely costs $690 per month, which is 51.7% cheaper than the national average of $1,430 and 55.1% cheaper than the state average of $1,070.

Can I afford Ridgely?
To live comfortably in Ridgely, Tennessee, a minimum annual income of $13,680 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Ridgely?
Ridgely, TN is a great place to live due to its low cost of living. The median home price in Ridgely is around $100,000, which is much lower than the national average. Additionally, the cost of groceries and other commodities is also significantly lower than the national average. For those looking for an affordable place to live without sacrificing quality of life, Ridgely is a great option.
   Cost of living score
     CategoriesRidgelyTennesseeUnited States
  65.689.9100.0
  9295.4100
  97.7100.4100.0
  27.079.4100.0
  $71,000$277,400$338,100
  99.4%96.7%100.0%
  68.290.2100.0
  69.984.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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