Housing costs in Lafayette?
A typical home costs
$221,500, which is 34.5% less expensive than the national average of
$338,100 and 20.2% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lafayette costs
$850 per month, which is 20.6% cheaper than the national average of
$1,070 and 62.4% cheaper than the state average of
$1,380.
Can I afford Lafayette?
To live comfortably in Lafayette (zip 37083), Tennessee, a minimum annual income of
$42,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lafayette?
The cost of living in 37083 Lafayette, TN is relatively low when compared to other parts of the country. Housing costs are particularly affordable with median home values sitting at around $75,000. Food and utilities also remain much lower than average for similar locations throughout the US. Overall, the cost of living in this area makes it a great location for people looking to save money on everyday expenses while still enjoying a nice quality of life.