Housing costs in Cumberland Furnace?
A typical home costs
$300,000, which is 11.3% less expensive than the national average of
$338,100 and 8.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Cumberland Furnace costs
$1,130 per month, which is 5.6% more than the national average of
$1,070 and 22.1% cheaper than the state average of
$1,380.
Can I afford Cumberland Furnace?
To live comfortably in Cumberland Furnace (zip 37051), Tennessee, a minimum annual income of
$57,600 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Cumberland Furnace?
The cost of living in 37051 Cumberland Furnace, TN is relatively low compared to other parts of Tennessee. According to BestPlaces, the overall cost of living index for the area is 85.2 out of a possible 100, which is 15.2% lower than the national average. The housing costs in particular are very affordable with an index score of just 62.7 points compared to the national average of 100. This means that purchasing or renting a home is considerably more affordable than in most other areas in the state. In addition, groceries and utility bills tend to be much lower as well due to the small population and lack of industry within the county.