Housing costs in Mount Pleasant?
A typical home costs
$246,700, which is 27.0% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Mount Pleasant costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 13.8% cheaper than the state average of
$1,070.
Can I afford Mount Pleasant?
To live comfortably in Mount Pleasant, Tennessee, a minimum annual income of
$47,160 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Mount Pleasant?
The cost of living in Mount Pleasant, TN is fairly affordable when compared to other cities around the country. According to a study conducted by The Council for Community and Economic Research, the Cost of Living Index (COLI) for Mount Pleasant is 89.3, which is 11.7 points lower than the national average of 101. This means that individuals living in this area can expect to pay less than average on basic necessities such as housing, groceries, and utilities. Additionally, local taxes are slightly lower than other areas with an 8.25% sales tax rate and no income tax imposed on residents. All things considered, Mount Pleasant is an excellent place to live with a cost of living that won't break your budget.