Housing costs in Rockwood?
A typical home costs
$185,500, which is 45.1% less expensive than the national average of
$338,100 and 33.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Rockwood costs
$890 per month, which is 16.8% cheaper than the national average of
$1,070 and 25.8% cheaper than the state average of
$1,120.
Can I afford Rockwood?
To live comfortably in Rockwood (zip 37854), Tennessee, a minimum annual income of
$35,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Rockwood?
The cost of living in 37854 Rockwood, TN is relatively low. Housing costs are much lower than the national average, with a median home value of $110,200 and an average rent of $701 per month. The overall cost of living index for the area is 78.7, which is well below the U.S. national average of 100. This makes Rockwood an ideal location for those who want to enjoy a more affordable lifestyle without sacrificing quality and convenience. Groceries, health care, utilities and transportation are all reasonably priced when compared to other parts of the nation. With its abundance of recreational activities in nearby areas and easy access to larger cities in Tennessee, it's no wonder that residents love their hometown of Rockwood!