Housing costs in Medon?
A typical home costs
$161,000, which is 52.4% less expensive than the national average of
$338,100 and 42.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Medon costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and 11.5% cheaper than the state average of
$870.
Can I afford Medon?
To live comfortably in Medon (zip 38356), Tennessee, a minimum annual income of
$30,960 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Medon?
Living in 38356 Medon, TN is quite affordable. The cost of living index for the city is nearly 10% lower than the national average, making it one of the more cost effective places to live. Groceries, housing, and utilities are all less expensive in Medon than the statewide averages, while health care expenses are slightly higher. Overall, residents can expect to get more bang for their buck compared to other cities in Tennessee and beyond.