Housing costs in Louisville?
A typical home costs
$388,000, which is 14.8% more expensive than the national average of
$338,100 and 39.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Louisville costs
$950 per month, which is 11.2% cheaper than the national average of
$1,070 and 17.9% cheaper than the state average of
$1,120.
Can I afford Louisville?
To live comfortably in Louisville (zip 37777), Tennessee, a minimum annual income of
$74,520 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in Louisville, TN 37777 is quite reasonable. According to recent studies, the overall cost of living in this area is around 4% less than the national average. Housing costs are especially affordable, with an average house costing $217,000 and a median rent of $900 per month. Utilities such as electricity and gas are also fairly priced at an average of $144 per month. Groceries and health care costs have remained stable over the years as well. All in all, Louisville offers an ideal balance between affordability and quality of life that make it a great place to live.