Housing costs in Montgomery?
A typical home costs
$291,700, which is 13.7% less expensive than the national average of
$338,100 and 5.2% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Montgomery costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 8.1% cheaper than the state average of
$1,070.
Can I afford Montgomery?
To live comfortably in Montgomery Tennes County, Tennessee, a minimum annual income of
$55,800 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in Montgomery, TN County is 89.1, which is lower than the national average of 100. This means that the cost of goods and services such as groceries, housing, transportation, and entertainment are comparatively cheaper than other areas in the US. Furthermore, the median value of houses in Montgomery County is $291,700 which is significantly lower than the national average of $338,100. This makes it a more affordable option for people looking to purchase a home.