Zip 38375 (Selmer, TN) Cost of Living


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United States / Tennessee / No Metro Area / McNairy County / Selmer / Selmer (zip 38375)
How much do I need to live in Selmer, Tennessee?
$2,070 / month
for a family, 61.7% less expensive than the national average A total of $24,840 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Selmer cost of living score
73.3
Less expensive
26.7% lower
than the US average
18.5% lower
than the Tennessee average
Selmer (zip 38375), Tennessee gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 18.5% higher than the average for Tennessee.

Zip 38375 (Selmer, TN)

Housing costs in Selmer?
A typical home costs $129,500, which is 61.7% less expensive than the national average of $338,100 and 53.3% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Selmer 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 Selmer?
To live comfortably in Selmer (zip 38375), Tennessee, a minimum annual income of $24,840 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Selmer?
The cost of living in 38375 Selmer, TN is quite reasonable. The median home value is $111,700 and the median rent is $580. Both of these are below the national average and make the cost of living quite affordable for families or individuals who are looking to move into the area. Additionally, groceries, utilities, and transportation costs are all at or near the national average which makes it an ideal place for those looking to save money while maintaining a comfortable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSelmerTennesseeUnited States
    Unlock89.9100.0
  92.1  Unlock100.0
    Unlock100.4100.0
  33.4  Unlock100.0
    Unlock$277,400$338,100
  99.1  Unlock100.0
    Unlock90.2100.0
  71.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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