Housing costs in Monteagle?
A typical home costs
$291,000, which is 13.9% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Monteagle costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,070.
Can I afford Monteagle?
To live comfortably in Monteagle, Tennessee, a minimum annual income of
$55,800 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Monteagle?
The cost of living in Monteagle, TN is quite reasonable. According to Best Places, the cost of living index for the city is 86.7, which is 14.3% lower than the U.S average. Housing costs in Monteagle are significantly lower than other areas of Tennessee and the United States as a whole. The median home price for Monteagle is $129,100 which is well below much of the surrounding area and statewide median home prices of $171,200 and $226,800 respectively. Additionally, groceries, healthcare services and other essential expenses remain low in comparison to other parts of Tennessee and throughout the nation. Overall, Monteagle offers its residents a relatively low cost of living that can help them save money on necessary expenses while still enjoying all that this beautiful town has to offer.