Housing costs in Mount Carmel?
A typical home costs
$220,200, which is 34.9% less expensive than the national average of
$338,100 and 20.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Mount Carmel costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and close to the state average of
$790.
Can I afford Mount Carmel?
To live comfortably in Mount Carmel (zip 37645), Tennessee, a minimum annual income of
$42,120 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Mount Carmel?
The cost of living in 37645 Mount Carmel, TN is relatively low. It is 11% lower than the national average, making it an ideal place for people looking to enjoy an affordable lifestyle. The housing market in particular is quite reasonable, with median home prices below the national median and a wide range of rental accommodations available at affordable rates. In addition, there are plenty of grocery stores and restaurants around town, as well as nearby parks and other recreational activities that provide plenty of entertainment options without breaking the bank. All in all, 37645 Mount Carmel, TN offers a great value for those seeking a comfortable lifestyle without having to pay high prices.