Housing costs in Parsons?
A typical home costs
$121,800, which is 64.0% less expensive than the national average of
$338,100 and 56.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Parsons costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,070.
Can I afford Parsons?
To live comfortably in Parsons (zip 38363), Tennessee, a minimum annual income of
$23,400 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Parsons?
The cost of living in 38363 Parsons, TN is fairly low, with a median home price of just $117,000. This means that those looking to buy or rent a property can do so without breaking the bank, making it an ideal location for retirees and young families alike. Additionally, most amenities such as groceries and utilities are reasonably priced when compared to other nearby areas. For those interested in transportation options, public transport is available along with a number of car hire companies. All in all, the cost of living in 38363 Parsons, TN is very reasonable and presents an attractive option for those seeking a quiet lifestyle at an affordable rate.