Housing costs in Cookeville?
A typical home costs
$254,300, which is 24.8% less expensive than the national average of
$338,100 and 8.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Cookeville costs
$860 per month, which is 19.6% cheaper than the national average of
$1,070 and 4.7% more than the state average of
$820.
Can I afford Cookeville?
To live comfortably in Cookeville (zip 38501), Tennessee, a minimum annual income of
$48,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Cookeville?
Living in 38501 Cookeville, TN is relatively affordable. According to the cost of living index, Cookeville has an index of 85, which is 15 points lower than the U.S. average of 100. Housing costs in this area are particularly reasonable, with median home values being only about $149,000 and median rent prices at around $750 per month. Other expenses such as groceries, utilities and healthcare are also noticeably cheaper than many other places in the United States. This makes it an attractive destination for people looking for a place to live that won't break the bank.