
Housing costs in Lynchburg?
A typical home costs
$291,000, which is 13.9% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lynchburg costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and close to the state average of
$780.
Can I afford Lynchburg?
To live comfortably in Lynchburg (zip 37352), Tennessee, a minimum annual income of
$55,800 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Lynchburg?
The cost of living in Lynchburg, TN is quite affordable. The median home price in Lynchburg sits around $160,000, which is significantly lower than the national average. Rent prices also tend to be much lower in the area than other parts of Tennessee and the US as a whole. Groceries, utilities, and healthcare costs are also all lower compared to other areas of the country. All in all, Lynchburg is an extremely affordable place to live with a large variety of amenities nearby.