Housing costs in Bristol?
A typical home costs
$183,900, which is 45.6% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Bristol costs
$840 per month, which is 21.5% cheaper than the national average of
$1,070 and 6.0% more than the state average of
$790.
Can I afford Bristol?
To live comfortably in Bristol (zip 37620), Tennessee, a minimum annual income of
$35,280 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Bristol?
The cost of living in 37620 Bristol, TN is relatively low compared to the national average. According to the Council for Community and Economic Research (C2ER), the cost of living index for 37620 Bristol, TN is 85.4, which is 15.6% lower than the national average. Furthermore, housing costs are particularly reasonable in this area; median home prices are well below the national median at $89,400 and median rent prices are even lower at only $553 per month. This makes 37620 Bristol, TN an attractive place to live for those on a budget who also wish to benefit from Tennessee's low taxes and affordable healthcare.