Zip 38240 (Obion, TN) Cost of Living


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Obion cost of living score
71.2
Less expensive
28.8% lower
than the US average
20.8% lower
than the Tennessee average
Obion (zip 38240), Tennessee gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 20.8% higher than the average for Tennessee.

Zip 38240 (Obion, TN)

Housing costs in Obion?
A typical home costs $102,400, which is 69.7% less expensive than the national average of $338,100 and 63.1% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Obion costs $750 per month, which is 29.9% cheaper than the national average of $1,070 and close to the state average of $750.

Can I afford Obion?
To live comfortably in Obion (zip 38240), Tennessee, a minimum annual income of $19,800 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Obion?
The cost of living in 38240 Obion, TN is generally quite affordable. The median home price in the area is $82,000, which is about 5% lower than the national average. The median household income is around $41,000 per year, and the average sales tax rate for Obion County is 7%. Groceries and utilities are also relatively inexpensive in the region. All of these factors make 38240 Obion an attractive option for those looking to live comfortably on a budget.
   Cost of living score
     CategoriesObionTennesseeUnited States
  71.289.9100.0
  88.295.4100
  99.3100.4100.0
  26.479.4100.0
  $102,400$277,400$338,100
  99.7%96.7%100.0%
  76.390.2100.0
  85.484.7100.0

   100=National Average

   Average Rent by Bedroom Size
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