Zip 37306 (Belvidere, TN) Cost of Living


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Belvidere cost of living score
80.7
Less expensive
19.3% lower
than the US average
10.2% lower
than the Tennessee average
Belvidere (zip 37306), Tennessee gets a BestPlaces Cost of Living score of 80.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.3% lower than the U.S. average and 10.2% higher than the average for Tennessee.

Zip 37306 (Belvidere, TN)

Housing costs in Belvidere?
A typical home costs $236,700, 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 Belvidere costs $780 per month, which is 27.1% cheaper than the national average of $1,070 and close to the state average of $780.

Can I afford Belvidere?
To live comfortably in Belvidere (zip 37306), Tennessee, a minimum annual income of $45,360 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Belvidere?
37306 Belvidere, TN has a low cost of living, making it an attractive option for those looking to stretch their budget. According to the Council for Community and Economic Research (C2ER), the cost of living index in 37306 is 84.4, which is 16.6% lower than the US average cost of living. Housing costs are particularly low in this area, with median home prices around $145,000 compared to the national median home price of $231,200. This means that those looking to purchase a house will be able to find relatively affordable options in this area. Additional costs such as transportation and food are also lower than average, further adding to 37306 Belvidere's appeal for those on a budget.
   Cost of living score
     CategoriesBelvidereTennesseeUnited States
  80.789.9100.0
  94.495.4100
  99.4100.4100.0
  66.779.4100.0
  $236,700$277,400$338,100
  94.8%96.7%100.0%
  75.890.2100.0
  95.584.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime