Housing costs in Ridgely?
A typical home costs
$76,500, which is 77.4% less expensive than the national average of
$338,100 and 72.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ridgely costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 62.1% cheaper than the state average of
$1,070.
Can I afford Ridgely?
To live comfortably in Ridgely (zip 38080), Tennessee, a minimum annual income of
$14,760 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Ridgely?
38080 Ridgely, TN is an affordable place to live. The cost of living index in the area is 79.4, which is just below the national average of 100. This means that prices for goods and services in the area are lower than average when compared to other parts of the country. Residents of 38080 Ridgely can enjoy the quiet countryside while also taking advantage of low costs on everyday items such as groceries, utilities, and housing. Housing in particular tends to be quite inexpensive with a median home price at around $90,000. With low costs on daily essentials combined with small-town appeal, 38080 Ridgely is an attractive place to call home.