Housing costs in Michie?
A typical home costs
$150,200, which is 55.6% less expensive than the national average of
$338,100 and 45.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Michie costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 44.6% cheaper than the state average of
$1,070.
Can I afford Michie?
To live comfortably in Michie, Tennessee, a minimum annual income of
$28,800 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Michie?
Michie, TN is a great place to live due to its low cost of living. The median home price in the area is $154,000, which is much lower than the national average of $230,000. Goods and services are also relatively affordable in Michie, with local prices averaging 6% lower than the national average. Additionally, Michie residents benefit from their low state income tax rate of 5%. All these factors contribute to making Michie an attractive option for those looking for a good quality of life at an affordable price.