Housing costs in Iron City?
A typical home costs
$72,400, which is 78.6% less expensive than the national average of
$338,100 and 73.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Iron City 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 Iron City?
To live comfortably in Iron City, Tennessee, a minimum annual income of
$14,040 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Iron City?
The cost of living in Iron City, TN is relatively low compared to other cities in the United States. Rent prices are quite reasonable with an average one-bedroom apartment costing around $700 per month, and two bedroom apartments averaging about $850 per month. Utility costs such as electricity, gas, water, and trash removal tend to be lower than in other parts of the country as well. Grocery costs can also be kept in check by shopping at local markets or farmers markets for fresh produce and meats. Although there are a few chain stores located around town, most items tend to be cheaper when purchased from smaller businesses. Overall, Iron City has an affordable cost of living that makes it attractive for those looking to move into a comfortable town without breaking the bank.