Housing costs in Martin?
A typical home costs
$175,500, which is 48.1% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Martin costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 37.2% cheaper than the state average of
$1,070.
Can I afford Martin?
To live comfortably in Martin, Tennessee, a minimum annual income of
$33,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Martin?
The cost of living in Martin, TN is generally regarded as affordable compared to the national average. According to Sperling’s Best Places, the median home cost in Martin is $129,100 and the overall cost of living index is 88.3, which is 12.7% lower than the national average. Additionally, housing prices have remained steady over the last few years and groceries, health care, transportation, and utilities are all below the national average. All of these factors make Martin an attractive option for those looking for a more affordable place to live without sacrificing much in terms of quality of life or amenities.