Housing costs in Newbern?
A typical home costs
$144,300, which is 57.3% less expensive than the national average of
$338,100 and 48.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Newbern costs
$810 per month, which is 24.3% cheaper than the national average of
$1,070 and 6.2% more than the state average of
$760.
Can I afford Newbern?
To live comfortably in Newbern (zip 38059), Tennessee, a minimum annual income of
$27,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Newbern?
The cost of living in 38059 Newbern, TN is generally considered to be affordable. The median home price for the area is $139,400, which is significantly lower than the national average. Other factors such as groceries, transportation and utilities are also lower than the national average. In addition, most goods and services in the area are priced competitively with other places in Tennessee. Overall, Newbern offers residents a high quality of life at an affordable cost.