Zip 38237 (Martin, TN) Cost of Living


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How much do I need to live in Martin, Tennessee?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 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.

Martin cost of living score
70.9
Less expensive
29.1% lower
than the US average
21.1% lower
than the Tennessee average
Martin (zip 38237), Tennessee gets a BestPlaces Cost of Living score of 70.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% lower than the U.S. average and 21.1% higher than the average for Tennessee.

Zip 38237 (Martin, TN)

Housing costs in Martin?
A typical home costs $168,900, which is 50.0% less expensive than the national average of $338,100 and 39.1% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Martin costs $800 per month, which is 25.2% cheaper than the national average of $1,070 and 6.3% more than the state average of $750.

Can I afford Martin?
To live comfortably in Martin (zip 38237), Tennessee, a minimum annual income of $32,400 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Martin?
The cost of living in 38237 Martin, TN is quite reasonable. Home prices in the area are slightly lower than the national average, with a median home price of $132,800 compared to $231,200 nationally. The cost of groceries and utilities are also lower than the national average. Overall, living in Martin is quite affordable and people on a budget may find that it's a great place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMartinTennesseeUnited States
    Unlock89.9100.0
  90.0  Unlock100.0
    Unlock100.4100.0
  45.3  Unlock100.0
    Unlock$277,400$338,100
  100.9  Unlock100.0
    Unlock90.2100.0
  89.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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