Housing costs in Lawrenceburg?
A typical home costs
$186,600, which is 44.8% less expensive than the national average of
$338,100 and 32.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lawrenceburg costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 37.2% cheaper than the state average of
$1,070.
Can I afford Lawrenceburg?
To live comfortably in Lawrenceburg, Tennessee, a minimum annual income of
$35,640 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lawrenceburg?
The cost of living in Lawrenceburg, TN is quite affordable. According to the most recent report from Sperling's Best Places, the overall cost of living index for Lawrenceburg is only 86.6 - 13.4 points below the national average. This means that basic expenses such as groceries and housing costs are significantly lower than in other parts of the country. Rent prices are especially low compared to other areas: you can find a one-bedroom apartment for as little as $500 per month. Additionally, there is no state income tax in Tennessee, which helps keep overall costs down for people living in Lawrenceburg.