Housing costs in Milton?
A typical home costs
$481,200, which is 42.3% more expensive than the national average of
$338,100 and 73.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Milton costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,070.
Can I afford Milton?
To live comfortably in Milton (zip 37118), Tennessee, a minimum annual income of
$92,160 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Milton?
The cost of living in Milton, TN is very reasonable. The median home value is around $181,900 and the median rent is $1,094 per month. On average, utility costs are relatively low compared to other areas in the United States due to Tennessee's mild climate. Groceries are also affordable with the average cost of a grocery bill for a family of four hovering around $200 per month. In addition, there are plenty of opportunities for entertainment and recreation in the area with a wide variety of restaurants, shopping malls, parks, and more. All in all, Milton offers residents an excellent quality of life at an affordable price.