Housing costs in Chapel Hill?
A typical home costs
$364,500, which is 7.8% more expensive than the national average of
$338,100 and 31.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Chapel Hill costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and 11.5% cheaper than the state average of
$870.
Can I afford Chapel Hill?
To live comfortably in Chapel Hill (zip 37034), Tennessee, a minimum annual income of
$69,840 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Chapel Hill?
The cost of living in Chapel Hill, TN 37034 is quite affordable. According to the Cost of Living Index, the cost of living in this area is about 4% lower than the national average. This means that people who live in this area can enjoy a comfortable lifestyle at an affordable price. Groceries, transportation and housing are all reasonably priced for locals. The median home value is $164,700, which is significantly lower than many other areas across the country. With its low cost of living and abundant amenities, Chapel Hill, TN 37034 is an attractive location to call home.