Housing costs in Murfreesboro?
A typical home costs
$367,700, which is 8.8% more expensive than the national average of
$338,100 and 32.6% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Murfreesboro costs
$1,220 per month, which is 14.0% more than the national average of
$1,070 and 13.1% cheaper than the state average of
$1,380.
Can I afford Murfreesboro?
To live comfortably in Murfreesboro (zip 37127), Tennessee, a minimum annual income of
$70,560 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Murfreesboro?
The cost of living in 37127 Murfreesboro, TN is quite affordable. According to the most recent estimates, the overall cost of living index is 86.0—which is 14% lower than the U.S. average. In particular, housing costs are particularly low with a median home value of $211,600 and median rent of $1,101 per month in the area. Groceries are also relatively inexpensive with an estimated 13.6% lower than the national average. All in all, 37127 Murfreesboro offers residents an incredible opportunity to live comfortably without breaking their budget.