Housing costs in Gainesboro?
A typical home costs
$179,200, which is 47.0% less expensive than the national average of
$338,100 and 35.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Gainesboro costs
$750 per month, which is 29.9% cheaper than the national average of
$1,070 and 9.3% cheaper than the state average of
$820.
Can I afford Gainesboro?
To live comfortably in Gainesboro (zip 38562), Tennessee, a minimum annual income of
$34,200 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Gainesboro?
The cost of living in Gainesboro, TN (38562) is relatively low. The city has an overall cost of living index that is lower than the national average. Housing prices are significantly lower here than the national average, and the median home value is only $84,700 compared to $184,700 across the United States. Groceries, healthcare costs and transportation are also significantly lower than the national averages. This makes it a great place to live for those looking to save money without sacrificing quality of life or lifestyle.