Housing costs in Ripley?
A typical home costs
$119,600, which is 64.6% less expensive than the national average of
$338,100 and 56.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ripley 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 Ripley?
To live comfortably in Ripley (zip 38063), Tennessee, a minimum annual income of
$23,040 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Ripley?
The cost of living in 38063 Ripley, TN is quite reasonable. Housing expenses are relatively low compared to the national average, with the median home value sitting at around $93,500. Utilities are also quite affordable, with electricity and natural gas rates well below the national averages. Additionally, food and grocery prices tend to be lower than other parts of the country due to the abundance of local produce. All in all, Ripley offers a comfortable standard of living in an affordable environment.