Zip 38058 (Munford, TN) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Munford, Tennessee?
$3,810 / month
for a family, 29.4% less expensive than the national average A total of $45,720 for the year for a family.
$3,200 / month
for a single person, 32.9% less expensive than the national average A total of $38,400 for the year for a single person.

Munford cost of living score
87.5
Less expensive
12.5% lower
than the US average
2.7% lower
than the Tennessee average
Munford (zip 38058), Tennessee gets a BestPlaces Cost of Living score of 87.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% lower than the U.S. average and 2.7% higher than the average for Tennessee.

Zip 38058 (Munford, TN)

Housing costs in Munford?
A typical home costs $238,400, which is 29.5% less expensive than the national average of $338,100 and 14.1% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Munford costs $1,100 per month, which is 2.8% more than the national average of $1,070 and 7.3% more than the state average of $1,020.

Can I afford Munford?
To live comfortably in Munford (zip 38058), Tennessee, a minimum annual income of $45,720 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Munford?
The cost of living in 38058 Munford, TN is quite affordable. The area has a median home value of $157,800 and the median household income is around $51,542. Utilities are relatively low with an average monthly electric bill of $100 and an average monthly gas bill of about $50. Overall, groceries tend to be on the cheaper side when comparing national averages and general everyday living expenses are all very reasonable for this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMunfordTennesseeUnited States
    Unlock89.9100.0
  95.8  Unlock100.0
    Unlock100.4100.0
  64.4  Unlock100.0
    Unlock$277,400$338,100
  98.9  Unlock100.0
    Unlock90.2100.0
  87.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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