Gilt Edge, TN Cost of Living


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Gilt Edge cost of living score
87.5
Less expensive
12.5% lower
than the US average
2.7% lower
than the Tennessee average
Gilt Edge, Tennessee gets a BestPlaces Cost of Living score of 87.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% lower than the U.S. average and 2.7% higher than the average for Tennessee.

Gilt Edge, TN

Housing costs in Gilt Edge?
A typical home costs $193,800, which is 42.7% less expensive than the national average of $338,100 and 30.1% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Gilt Edge costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 23.0% cheaper than the state average of $1,070.

Can I afford Gilt Edge?
To live comfortably in Gilt Edge, Tennessee, a minimum annual income of $37,080 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Gilt Edge?
The cost of living in Gilt Edge, TN is relatively affordable compared to other parts of the country. The median home price is $87,800, which makes it one of the more affordable places to live in Tennessee. The average monthly rent for a two bedroom apartment is around $600. Utility costs tend to be lower as well, with electricity prices averaging $90 per month. Overall, Gilt Edge offers a great cost of living for those looking to settle down in Tennessee without breaking the bank.
   Cost of living score
     CategoriesGilt EdgeTennesseeUnited States
  87.589.9100.0
  94.295.4100
  96.7100.4100.0
  45.379.4100.0
  $193,800$277,400$338,100
  97.2%96.7%100.0%
  107.890.2100.0
  87.584.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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