Housing costs in Paris?
A typical home costs
$165,000, which is 51.2% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Paris costs
$750 per month, which is 29.9% cheaper than the national average of
$1,070 and close to the state average of
$760.
Can I afford Paris?
To live comfortably in Paris (zip 38242), Tennessee, a minimum annual income of
$31,680 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Paris?
The cost of living in 38242 Paris, TN is highly affordable. The median home price in the area is $88,000, which is substantially lower than both the national and state average. Additionally, utilities are inexpensive, with electric costing only $97 per month and water costing just $29 a month on average. Property taxes are also very low in 38242 Paris at an estimated 0.92%, helping to keep housing costs down even further. Overall, the cost of living in 38242 Paris is significantly cheaper than most other areas in Tennessee and throughout the nation.