Housing costs in Parsons?
A typical home costs
$126,100, which is 62.7% less expensive than the national average of
$338,100 and 54.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Parsons costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,070.
Can I afford Parsons?
To live comfortably in Parsons, Tennessee, a minimum annual income of
$24,120 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Parsons?
Parsons, TN is an affordable place to live. The cost of living in this small town is quite low compared to the national average. Utilities, housing costs, and other essentials are quite affordable for families and individuals alike. In terms of groceries and entertainment, prices are similar to those found in larger cities. Additionally, there are no state income taxes in Tennessee which makes it an even more appealing option for those on a budget. All-in-all, Parsons provides an economical option for anyone looking for a quality of life at an affordable price.