Housing costs in Prospect?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Prospect costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 39.0% cheaper than the state average of
$1,070.
Can I afford Prospect?
To live comfortably in Prospect, Tennessee, a minimum annual income of
$38,520 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Prospect?
The cost of living in Prospect, TN is below the US average of 100. This means that residents can benefit from lower prices for goods and services such as housing, groceries, transportation, education, and healthcare. As a result of the lower cost of living in Prospect, TN, those looking to purchase a home will find that the median house value is much lower at $338,100 than the national average. This makes Prospect an attractive destination for individuals looking for an affordable place to live.