Zip 38224 (Cottage Grove, TN) Cost of Living


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How much do I need to live in Cottage Grove, Tennessee?
$3,000 / month
for a family, 44.4% less expensive than the national average A total of $36,000 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Cottage Grove cost of living score
74
Less expensive
26.0% lower
than the US average
17.7% lower
than the Tennessee average
Cottage Grove (zip 38224), Tennessee gets a BestPlaces Cost of Living score of 74, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.0% lower than the U.S. average and 17.7% higher than the average for Tennessee.

Zip 38224 (Cottage Grove, TN)

Housing costs in Cottage Grove?
A typical home costs $188,000, which is 44.4% less expensive than the national average of $338,100 and 32.2% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Cottage Grove costs $770 per month, which is 28.0% cheaper than the national average of $1,070 and close to the state average of $760.

Can I afford Cottage Grove?
To live comfortably in Cottage Grove (zip 38224), Tennessee, a minimum annual income of $36,000 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Cottage Grove?
The cost of living in 38224 Cottage Grove, TN is relatively low compared to many other areas in Tennessee. The median home price in Cottage Grove is around $131,500, well below the state average of $174,800. The overall cost of living index for the area stands at 81.2, which is 19.8% lower than the U.S. average of 100. This means that everyday expenses such as groceries and utilities are significantly cheaper compared to other parts of Tennessee and the rest of the nation, making it a great place to live for those on a budget. Sales taxes are also low at 9%, which helps keep costs down even further for residents and visitors alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCottage GroveTennesseeUnited States
    Unlock89.9100.0
  92.2  Unlock100.0
    Unlock100.4100.0
  47.2  Unlock100.0
    Unlock$277,400$338,100
  96.8  Unlock100.0
    Unlock90.2100.0
  87.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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