Housing costs in Humboldt?
A typical home costs
$131,600, which is 61.1% less expensive than the national average of
$338,100 and 52.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Humboldt costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 33.8% cheaper than the state average of
$1,070.
Can I afford Humboldt?
To live comfortably in Humboldt, Tennessee, a minimum annual income of
$25,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Humboldt?
Humboldt, TN is an affordable place to live. The cost of living index in Humboldt is 13% lower than the national average, making it a great choice for those looking to keep their expenses low. Homeowners benefit from the low property taxes and affordable housing options, while renters find plenty of reasonably priced apartments and homes with reasonable rent costs. Grocery and other consumer goods are also priced competitively compared to other cities, allowing residents to get more bang for their buck. All in all, Humboldt offers a great quality of life at an affordable cost.