Housing costs in Cottontown?
A typical home costs
$378,700, which is 12.0% more expensive than the national average of
$338,100 and 36.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Cottontown costs
$1,270 per month, which is 18.7% more than the national average of
$1,070 and 8.7% cheaper than the state average of
$1,380.
Can I afford Cottontown?
To live comfortably in Cottontown (zip 37048), Tennessee, a minimum annual income of
$72,720 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Cottontown?
The cost of living in 37048 Cottontown, TN is relatively low compared to other cities in the US. The median home price is $196,000 with an average monthly rent of $1,068. Utility costs are also low as the average monthly electric bill is just $136 and the average water bill comes in at $24. Taxes are slightly higher than the national average, but overall affordability is high due to the low housing costs and utility bills. Shopping is also a breeze since there are several small businesses located within Cottontown that offer goods and services at competitive prices.