Housing costs in Cedar Grove?
A typical home costs
$159,000, which is 53.0% less expensive than the national average of
$338,100 and 42.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Cedar Grove costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 46.6% cheaper than the state average of
$1,070.
Can I afford Cedar Grove?
To live comfortably in Cedar Grove (zip 38321), Tennessee, a minimum annual income of
$30,600 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cedar Grove?
The cost of living in 38321 Cedar Grove, TN is generally quite affordable. Compared to the national average, housing costs are 13% lower, utility costs are 6% lower, and overall expenses are 7% lower. The median home value in the area is about $172,700 which is much lower than other parts of Tennessee. Furthermore, the median household income in 38321 Cedar Grove is approximately $53,000 which allows for a comfortable lifestyle for most families. There are also a variety of restaurants and shopping options nearby that offer budget-friendly prices on food and goods. All in all, 38321 Cedar Grove offers a cost-effective way to live comfortably without spending too much money.