Housing costs in New Market?
A typical home costs
$237,700, which is 29.7% less expensive than the national average of
$338,100 and 14.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in New Market 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 New Market?
To live comfortably in New Market, Tennessee, a minimum annual income of
$45,720 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about New Market?
The cost of living in New Market, TN is relatively low compared to other areas. The median home price is $182,300, and the median household income is $58,854. Renting a two-bedroom apartment typically costs around $850 a month. Groceries and other essential items are also relatively inexpensive. The average commute time for workers is only about 18 minutes, meaning that residents can save time and money on transportation costs. With its low cost of living and close proximity to major cities like Nashville and Knoxville, New Market may be an attractive option for those looking for a more affordable place to live.