Housing costs in Colonial Heights?
A typical home costs
$249,900, which is 26.1% less expensive than the national average of
$338,100 and 9.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Colonial Heights costs
$790 per month, which is 26.2% cheaper than the national average of
$1,070 and close to the state average of
$790.
Can I afford Colonial Heights?
To live comfortably in Colonial Heights (zip 37663), Tennessee, a minimum annual income of
$47,880 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Colonial Heights?
The cost of living in 37663 Colonial Heights, TN is relatively low compared to the national average. The median home cost in this area is $117,900, well below the U.S. median of $184,700. The overall cost of living index is 81.6, significantly lower than the national average of 100. Additionally, groceries are 11% lower than the average cost across the country and healthcare costs are 3% lower than U.S averages as well. Transportation costs such as gas and car insurance are also cheaper here than most other places in America.