Housing costs in Cottage Grove?
A typical home costs
$193,200, which is 42.9% less expensive than the national average of
$338,100 and 30.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Cottage Grove 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 Cottage Grove?
To live comfortably in Cottage Grove, Tennessee, a minimum annual income of
$37,080 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Cottage Grove?
The cost of living in Cottage Grove, TN is relatively low compared to other areas of the country. According to BestPlaces, Cottage Grove has a cost of living index of 81.9, which is 19.1% lower than the U.S. average. This makes it an attractive place for those looking for an affordable lifestyle. Housing costs are particularly low with the median home price coming in at $162,900, which is significantly lower than the national median home value of $227,025. Additionally, utility costs are also well below national averages making Cottage Grove an excellent choice for those seeking a high quality of life without spending a fortune on expenses.