Housing costs in Sewanee?
A typical home costs
$369,200, which is 9.2% more expensive than the national average of
$338,100 and 33.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Sewanee costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 2.7% more than the state average of
$1,070.
Can I afford Sewanee?
To live comfortably in Sewanee, Tennessee, a minimum annual income of
$70,920 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Sewanee?
Sewanee, TN is an affordable place to live. The cost of living in the town is relatively low compared to other areas. Housing costs are very reasonable, with median home prices at around $230,000 and rent prices for a one-bedroom apartment averaging between $600 and $800 per month. Utilities are also modestly priced, with an average monthly electric bill ranging from $50 to $80. Groceries and most other necessities can be found at prices similar to those found in other parts of Tennessee or the United States as a whole. For those looking to save money while making a home in Sewanee, TN, costs of living should not be a major concern.