Housing costs in Coalfield?
A typical home costs
$132,300, which is 60.9% less expensive than the national average of
$338,100 and 52.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Coalfield costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$1,070.
Can I afford Coalfield?
To live comfortably in Coalfield, Tennessee, a minimum annual income of
$25,200 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Coalfield?
The cost of living in Coalfield, TN is relatively low, with housing prices being notably lower than the national average. The median home value is approximately $110,000 and the median rent is around $650 per month. The overall cost of living index in Coalfield is about 19% lower than the national average. Other expenses such as groceries, transportation, and utilities also tend to be more affordable in Coalfield compared to other areas in the state and nation. Additionally, there are a number of local businesses that offer discounts or services at discounted prices. This provides an additional boost to residents when it comes to managing their finances.