Housing costs in Fayette?
A typical home costs
$341,400, which is 1.0% more expensive than the national average of
$338,100 and 23.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Fayette costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 3.9% cheaper than the state average of
$1,070.
Can I afford Fayette?
To live comfortably in Fayette Tennes County, Tennessee, a minimum annual income of
$65,520 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in Fayette, TN County is 97.6, which is lower than the US average of 100. This means that overall the cost of goods and services in Fayette, TN is slightly lower than the national average. The median value of houses in Fayette,TN county is also slightly less than the US average at $341,400 compared to $338,100 for the USA as a whole. As such, it can be said that overall Fayette offers an affordable lifestyle with access to many amenities and attractions.