Housing costs in Tennessee?
A typical home costs
$65,600, which is 80.6% less expensive than the national average of
$338,100 and 72.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Tennessee costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 72.6% cheaper than the state average of
$1,260.
Can I afford Tennessee?
To live comfortably in Tennessee, Illinois, a minimum annual income of
$12,600 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Tennessee?
The cost of living in Tennessee, IL is quite affordable. Property taxes are relatively low and the median home value is just over $96,000. The median rent price is around $715 for a one-bedroom apartment. The overall cost of living in Tennessee is about 8% lower than the national average, making it an attractive option for those looking for an affordable place to live. Additionally, basic necessities like groceries and utilities are reasonably priced compared to other parts of the country. All these factors make Tennessee an excellent choice for anyone looking to save money while still enjoying a high quality of life.