Housing costs in Alamo?
A typical home costs
$130,800, which is 61.3% less expensive than the national average of
$338,100 and 52.8% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Alamo costs
$730 per month, which is 31.8% cheaper than the national average of
$1,070 and 19.2% cheaper than the state average of
$870.
Can I afford Alamo?
To live comfortably in Alamo (zip 38001), Tennessee, a minimum annual income of
$25,200 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Alamo?
The cost of living in 38001 Alamo, TN is relatively low compared to other parts of the country. The median home price is around $80,000 and the median household income is approximately $36,500 per year. Rent for a one-bedroom apartment can range from $400-$600 and utilities are generally fairly inexpensive. Groceries and other necessities are also affordable, making Alamo an attractive place to live for those on a budget. With low taxes and no state income tax, residents of Alamo enjoy an overall lower cost of living than many places in the United States.