Housing costs in Millington?
A typical home costs
$218,200, which is 35.5% less expensive than the national average of
$338,100 and 21.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Millington costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 3.9% cheaper than the state average of
$1,070.
Can I afford Millington?
To live comfortably in Millington, Tennessee, a minimum annual income of
$41,760 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Millington?
The cost of living in Millington, TN is relatively affordable compared to other cities in the state. According to BestPlaces, the cost of living index for Millington is a low 79 out of 100, which indicates that it is substantially cheaper than the national average. Housing costs are especially low, with the median home cost currently sitting at around $151,400 and rental prices averaging around $850 per month. The overall cost of living in Millington is 8% lower than the national average and 13% lower than the Tennessee average, making it an attractive option for people looking to save money while still enjoying a high quality of life.