Zip 38040 (Halls, TN) Cost of Living


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United States / Tennessee / No Metro Area / Lauderdale County / Halls / Halls (zip 38040)

Halls cost of living score
69.9
Less expensive
30.1% lower
than the US average
22.2% lower
than the Tennessee average
Halls (zip 38040), Tennessee gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 22.2% higher than the average for Tennessee.

Zip 38040 (Halls, TN)

Housing costs in Halls?
A typical home costs $121,200, which is 64.2% less expensive than the national average of $338,100 and 56.3% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Halls costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 48.6% cheaper than the state average of $1,070.

Can I afford Halls?
To live comfortably in Halls (zip 38040), Tennessee, a minimum annual income of $23,400 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Halls?
38040 Halls, TN has a relatively low cost of living. The cost of housing is very affordable, with the median home price being $87,100 and the median rent being around $700 per month. Utilities are also quite reasonable, with the average monthly cost for electricity, water and garbage coming in at around $125. There are many grocery stores in the area that offer competitive prices on food and other essential items. Additionally, residents enjoy relatively low taxes compared to other locations. All these factors make 38040 Halls, TN an attractive place to live for those looking to save money while still enjoying the benefits of living in an idyllic rural setting.
   Cost of living score
     CategoriesHallsTennesseeUnited States
  69.989.9100.0
  91.295.4100
  96.2100.4100.0
  27.979.4100.0
  $121,200$277,400$338,100
  99.4%96.7%100.0%
  73.890.2100.0
  71.284.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime