Zip 37724 (Cumberland Gap, TN) Cost of Living


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United States / Tennessee / No Metro Area / Claiborne County / Cumberland Gap / Cumberland Gap (zip 37724)
How much do I need to live in Cumberland Gap, Tennessee?
$2,670 / month
for a family, 50.6% less expensive than the national average A total of $32,040 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Cumberland Gap cost of living score
74.3
Less expensive
25.7% lower
than the US average
17.4% lower
than the Tennessee average
Cumberland Gap (zip 37724), Tennessee gets a BestPlaces Cost of Living score of 74.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.7% lower than the U.S. average and 17.4% higher than the average for Tennessee.

Zip 37724 (Cumberland Gap, TN)

Housing costs in Cumberland Gap?
A typical home costs $168,000, which is 50.3% less expensive than the national average of $338,100 and 39.4% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Cumberland Gap costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 44.6% cheaper than the state average of $1,070.

Can I afford Cumberland Gap?
To live comfortably in Cumberland Gap (zip 37724), Tennessee, a minimum annual income of $32,040 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Cumberland Gap?
37724 Cumberland Gap, TN is a small town with a population of just over 1,400. The cost of living in this area is relatively low compared to larger cities and towns. Housing costs are quite affordable with an average home price of around $100,000. Grocery bills can be kept to a minimum with the local farmers' markets and grocery stores offering competitive prices on items. Utilities are also reasonable with electricity rates at an average of $130 per month. Overall, it's possible to enjoy a comfortable lifestyle without breaking the bank in 37724 Cumberland Gap, TN.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCumberland GapTennesseeUnited States
    Unlock89.9100.0
  94.2  Unlock100.0
    Unlock100.4100.0
  43.3  Unlock100.0
    Unlock$277,400$338,100
  93.6  Unlock100.0
    Unlock90.2100.0
  71.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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