Zip 38255 (Sharon, TN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Sharon, Tennessee?
$1,650 / month
for a family, 69.4% less expensive than the national average A total of $19,800 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Sharon cost of living score
70.9
Less expensive
29.1% lower
than the US average
21.1% lower
than the Tennessee average
Sharon (zip 38255), Tennessee gets a BestPlaces Cost of Living score of 70.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% lower than the U.S. average and 21.1% higher than the average for Tennessee.

Zip 38255 (Sharon, TN)

Housing costs in Sharon?
A typical home costs $102,500, which is 69.7% less expensive than the national average of $338,100 and 63.0% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Sharon costs $740 per month, which is 30.8% cheaper than the national average of $1,070 and close to the state average of $750.

Can I afford Sharon?
To live comfortably in Sharon (zip 38255), Tennessee, a minimum annual income of $19,800 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Sharon?
The cost of living in 38255 Sharon, TN is relatively low compared to the national average. The median household income in this area is $50,839, and the median home value is $129,900. This can make it easier for those looking to buy or rent a house in this area, as they have a good chance of finding an affordable option. Furthermore, the cost of basic necessities such as groceries and utilities are typically lower than the national average. All of these factors combine to make 38255 Sharon, TN an attractive place to live for those looking for affordable housing options.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSharonTennesseeUnited States
    Unlock89.9100.0
  88.1  Unlock100.0
    Unlock100.4100.0
  25.8  Unlock100.0
    Unlock$277,400$338,100
  100.9  Unlock100.0
    Unlock90.2100.0
  89.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.