Housing costs in Millington?
A typical home costs
$232,200, which is 31.3% less expensive than the national average of
$338,100 and 16.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Millington costs
$1,550 per month, which is 44.9% more than the national average of
$1,070 and 34.2% more than the state average of
$1,020.
Can I afford Millington?
To live comfortably in Millington (zip 38054), Tennessee, a minimum annual income of
$44,640 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Millington?
The cost of living in 38054 Millington, TN is substantially lower than the national average. The median home price in the area is just under $150,000, which is below half of the national median. Rent for a one-bedroom apartment averages around $750 per month, and utilities are also quite affordable. Transportation costs are relatively low as well; public transit is available and gasoline prices tend to run below the U.S. average. Overall, 38054 Millington, TN has an affordable cost of living that provides great value for those looking to relocate to the area.