Housing costs in Leoma?
A typical home costs
$211,700, which is 37.4% less expensive than the national average of
$338,100 and 23.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Leoma costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and close to the state average of
$770.
Can I afford Leoma?
To live comfortably in Leoma (zip 38468), Tennessee, a minimum annual income of
$40,680 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Leoma?
The cost of living in 38468 Leoma, TN is quite affordable compared to many other parts of the country. The median home price in Leoma, TN is $93,000 which is substantially lower than national averages. Even with housing being relatively cheap, the overall cost of living still remains below average as groceries and utilities are also very affordable. Other costs such as transportation and healthcare remain close to or below national averages as well. All this adds up to a city that offers its residents an excellent quality of life at a fraction of the cost of many other cities across America.