Zip 37301 (Altamont, TN) Cost of Living


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United States / Tennessee / No Metro Area / Grundy County / Altamont / Altamont (zip 37301)

Altamont cost of living score
74.1
Less expensive
25.9% lower
than the US average
17.6% lower
than the Tennessee average
Altamont (zip 37301), Tennessee gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 17.6% higher than the average for Tennessee.

Zip 37301 (Altamont, TN)

Housing costs in Altamont?
A typical home costs $147,200, which is 56.5% less expensive than the national average of $338,100 and 46.9% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Altamont costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 48.6% cheaper than the state average of $1,070.

Can I afford Altamont?
To live comfortably in Altamont (zip 37301), Tennessee, a minimum annual income of $28,080 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Altamont?
The cost of living in 37301 Altamont, TN is relatively low compared to the national average. According to bestplaces.net, the cost of living in this area is 8% lower than the U.S. average, with housing being one of the biggest contributors to this statistic. The median home price in 37301 Altamont, TN is $175,000 with a median household income of $48,421. While rental prices may be slightly higher than other areas in Tennessee, they are still well below the U.S. average and offer great value for money when compared to other regions across the country. Overall, 37301 Altamont offers an affordable cost of living that makes it a desirable place to live.
   Cost of living score
     CategoriesAltamontTennesseeUnited States
  74.189.9100.0
  93.295.4100
  99.2100.4100.0
  34.379.4100.0
  $147,200$277,400$338,100
  96.4%96.7%100.0%
  82.290.2100.0
  71.184.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime