Housing costs in Alcoa?
A typical home costs
$238,600, which is 29.4% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Alcoa costs
$1,100 per month, which is 2.8% more than the national average of
$1,070 and close to the state average of
$1,120.
Can I afford Alcoa?
To live comfortably in Alcoa (zip 37701), Tennessee, a minimum annual income of
$45,720 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Alcoa?
The cost of living in 37701 Alcoa, TN is relatively low compared to other areas. The median home value in the city is just over $130,000, and residents can expect to pay a median monthly rent of around $850 per month. Utilities are also reasonably priced in the area; however, transportation costs may be slightly higher than average due to the lack of public transit options. Overall, residents can enjoy a comfortable lifestyle without breaking the bank in this small town.