Housing costs in Luttrell?
A typical home costs
$171,200, which is 49.4% less expensive than the national average of
$338,100 and 38.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Luttrell 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 Luttrell?
To live comfortably in Luttrell, Tennessee, a minimum annual income of
$32,760 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Luttrell?
The cost of living in Luttrell, TN is quite reasonable compared to other parts of the state. As of 2020, the median home price was around $134,000 and the median rental costs were around $840 per month. The overall cost of living index is about 79.5, which is 11% lower than the national average. This means that goods and services cost less in Luttrell compared to other areas in Tennessee. Gas prices are typically a bit higher than average due to its location being relatively rural but still quite manageable. All in all, residents of this quaint city can enjoy a comfortable lifestyle at an affordable cost.