Zip 38241 (Palmersville, TN) Cost of Living


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United States / Tennessee / Martin Metro Area / Weakley County / No City / Palmersville (zip 38241)

Palmersville cost of living score
70.9
Less expensive
29.1% lower
than the US average
21.1% lower
than the Tennessee average
Palmersville (zip 38241), Tennessee gets a BestPlaces Cost of Living score of 70.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% lower than the U.S. average and 21.1% higher than the average for Tennessee.

Zip 38241 (Palmersville, TN)

Housing costs in Palmersville?
A typical home costs $149,200, which is 55.9% less expensive than the national average of $338,100 and 46.2% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Palmersville costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 44.6% cheaper than the state average of $1,070.

Can I afford Palmersville?
To live comfortably in Palmersville (zip 38241), Tennessee, a minimum annual income of $28,440 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Palmersville?
The cost of living in 38241 Palmersville, TN is quite reasonable. Housing costs are much lower than the national average and rent prices are among the most affordable in the state. Property taxes also tend to be on the low side. Utilities such as electricity, water, and sewer services are all fairly priced too. Groceries and other essentials can be found at reasonable prices within the town’s limits. Overall, living in 38241 Palmersville is a great financial choice for those looking for an affordable place to live.
   Cost of living score
     CategoriesPalmersvilleTennesseeUnited States
  70.989.9100.0
  89.495.4100
  100.1100.4100.0
  35.179.4100.0
  $149,200$277,400$338,100
  97.1%96.7%100.0%
  69.090.2100.0
  89.784.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime