Housing costs in McKenzie?
A typical home costs
$137,900, which is 59.2% less expensive than the national average of
$338,100 and 50.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in McKenzie costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 46.6% cheaper than the state average of
$1,070.
Can I afford McKenzie?
To live comfortably in McKenzie (zip 38201), Tennessee, a minimum annual income of
$26,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about McKenzie?
The cost of living in 38201 McKenzie, TN is relatively affordable compared to other cities in the state and across the country. According to data compiled by Sperling’s Best Places, the cost of living index in 38201 McKenzie is approximately 85.0, which is lower than the national average of 100. This means that goods and services are generally more affordable in this area than they would be elsewhere. Furthermore, the median home value in 38201 McKenzie is $105,700, while median rent is around $780 per month. As a result, residents enjoy access to housing that is both affordable and high-quality.