Housing costs in Carthage?
A typical home costs
$242,900, which is 28.2% less expensive than the national average of
$338,100 and 12.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Carthage costs
$730 per month, which is 31.8% cheaper than the national average of
$1,070 and 89.0% cheaper than the state average of
$1,380.
Can I afford Carthage?
To live comfortably in Carthage (zip 37030), Tennessee, a minimum annual income of
$46,440 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Carthage?
The cost of living in 37030 Carthage, TN is very reasonable compared to other areas in the country. The overall cost of living index for the area is around 83.7, which is 16% lower than the US average. Housing costs are also quite low, with median home prices ranging from $80,000 to $96,000 and monthly rental costs averaging around $600 or less. There is no state income tax in Tennessee which helps to offset some of the cost of living as well. In addition, there are plenty of local stores that offer discounted goods and services which can help stretch budgets even further.