Zip 38357 (Michie, TN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Tennessee / No Metro Area / McNairy County / Michie / Michie (zip 38357)
How much do I need to live in Michie, Tennessee?
$2,580 / month
for a family, 52.2% less expensive than the national average A total of $30,960 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Michie cost of living score
73.3
Less expensive
26.7% lower
than the US average
18.5% lower
than the Tennessee average
Michie (zip 38357), Tennessee gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 18.5% higher than the average for Tennessee.

Zip 38357 (Michie, TN)

Housing costs in Michie?
A typical home costs $161,900, which is 52.1% less expensive than the national average of $338,100 and 41.6% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Michie costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 44.6% cheaper than the state average of $1,070.

Can I afford Michie?
To live comfortably in Michie (zip 38357), Tennessee, a minimum annual income of $30,960 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Michie?
The cost of living in 38357 Michie, TN is quite low compared to other places in the country. The median home value for this zip code is just over $68,000, which makes it very affordable for those looking to buy a home. Additionally, the cost of utilities and groceries are quite reasonable as well. Taxes are also relatively low in comparison to other parts of Tennessee. All in all, 38357 Michie, TN is an ideal place to live if you're looking for an affordable area with plenty of amenities nearby.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMichieTennesseeUnited States
    Unlock89.9100.0
  92.5  Unlock100.0
    Unlock100.4100.0
  37.9  Unlock100.0
    Unlock$277,400$338,100
  100.7  Unlock100.0
    Unlock90.2100.0
  71.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.