Housing costs in Ridgetop?
A typical home costs
$345,600, which is 2.2% more expensive than the national average of
$338,100 and 24.6% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ridgetop costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 16.4% more than the state average of
$1,070.
Can I afford Ridgetop?
To live comfortably in Ridgetop, Tennessee, a minimum annual income of
$66,240 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Ridgetop?
The cost of living in Ridgetop, TN is relatively low compared to other parts of the country. According to BestPlaces, the cost of living index for Ridgetop is 81.44, which is lower than the US average of 100. This means that housing, food, and other everyday items are significantly less expensive than they are in other parts of the country. Additionally, there are plenty of affordable housing options including single family homes and apartments for rent or purchase. The median home value sits at around $157000 which makes it much more affordable than many other parts of Tennessee. All of these factors make Ridgetop an excellent place for people looking for an affordable place to live without compromising on quality or amenities.