Housing costs in Shelbyville?
A typical home costs
$271,800, which is 19.6% less expensive than the national average of
$338,100 and 2.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Shelbyville costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 17.6% cheaper than the state average of
$1,070.
Can I afford Shelbyville?
To live comfortably in Shelbyville Tennes Metro Area, Tennessee, a minimum annual income of
$52,200 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Shelbyville?
The cost of living in the Shelbyville, TN Metro Area is significantly lower than the national average. According to recent data, the Cost of Living index in Shelbyville stands at 84.8 whereas the US average is 100. This means that everyday goods and services are comparatively cheaper and more affordable in Shelbyville than elsewhere in America. Despite this, home values in Shelbyville remain quite high, with a median house value of $271,800 which is only slightly below the national average of $338,100.