Housing costs in Sharon?
A typical home costs
$101,500, which is 70.0% less expensive than the national average of
$338,100 and 63.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Sharon costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 44.6% cheaper than the state average of
$1,070.
Can I afford Sharon?
To live comfortably in Sharon, Tennessee, a minimum annual income of
$19,440 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Sharon?
The cost of living in Sharon, TN is quite affordable. The median home value is around $75,000, which is significantly lower than the national average. Housing costs are also relatively low, with rent for a one-bedroom apartment averaging around $500 per month. Utility costs are also very reasonable, with the average electric bill for a two-bedroom home amounting to about $100 per month. Groceries and other day-to-day items tend to be slightly cheaper than the national average as well. This makes Sharon an ideal place for people who want to live affordably while still having access to all of the resources and amenities that larger cities have to offer.