Housing costs in Loudon?
A typical home costs
$405,500, which is 19.9% more expensive than the national average of
$338,100 and 46.2% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Loudon costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 7.0% cheaper than the state average of
$1,070.
Can I afford Loudon?
To live comfortably in Loudon, Tennessee, a minimum annual income of
$77,760 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Loudon?
The cost of living in Loudon, TN is fairly reasonable. The overall cost of living index for the city is 11% lower than the average for the United States. Housing costs are 8% lower than the US average, making it an attractive option for those looking to purchase or rent. Groceries, utilities, and transportation costs are all slightly below the national average as well. All in all, Loudon is a great city to live in due to its relatively low cost of living.