Housing costs in Ardmore?
A typical home costs
$236,600, which is 30.0% less expensive than the national average of
$338,100 and 14.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ardmore costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,070.
Can I afford Ardmore?
To live comfortably in Ardmore (zip 38449), Tennessee, a minimum annual income of
$45,360 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Ardmore?
The cost of living in 38449 Ardmore, TN is relatively low compared to the state and national averages. According to BestPlaces, housing costs average around 20% less than Tennessee as a whole, and the overall cost of living is 11.7% lower than the national average. This can be attributed to relatively low rental and real estate prices, as well as lower prices for utilities, transportation expenses, and health care services. Despite its rural location in southern Tennessee, groceries are also very reasonably priced in Ardmore. All of these factors combined make Ardmore an attractive option for those looking for an affordable place to live without sacrificing the quality of life they desire.