Zip 38374 (Scotts Hill, TN) Cost of Living


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United States / Tennessee / No Metro Area / Decatur County / Scotts Hill / Scotts Hill (zip 38374)
How much do I need to live in Scotts Hill, Tennessee?
$2,040 / month
for a family, 62.2% less expensive than the national average A total of $24,480 for the year for a family.
$1,833 / month
for a single person, 61.5% less expensive than the national average A total of $22,000 for the year for a single person.

Scotts Hill cost of living score
74.1
Less expensive
25.9% lower
than the US average
17.6% lower
than the Tennessee average
Scotts Hill (zip 38374), Tennessee gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 17.6% higher than the average for Tennessee.

Zip 38374 (Scotts Hill, TN)

Housing costs in Scotts Hill?
A typical home costs $127,700, which is 62.2% less expensive than the national average of $338,100 and 54.0% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Scotts Hill costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 46.6% cheaper than the state average of $1,070.

Can I afford Scotts Hill?
To live comfortably in Scotts Hill (zip 38374), Tennessee, a minimum annual income of $24,480 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Scotts Hill?
The cost of living in 38374 Scotts Hill, TN is relatively low compared to other areas of the state and country. Housing costs are below the national average, with a median home value of $140,000. The sales tax rate is 7%, which is also lower than the national average. Groceries and utilities are also inexpensive, making it an ideal location for people looking for a place to call home that won’t break the bank. All in all, 38374 Scotts Hill, TN offers affordable living with a charming small-town atmosphere.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesScotts HillTennesseeUnited States
    Unlock89.9100.0
  91.7  Unlock100.0
    Unlock100.4100.0
  33.7  Unlock100.0
    Unlock$277,400$338,100
  99.2  Unlock100.0
    Unlock90.2100.0
  77.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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