Housing costs in Signal Mountain?
A typical home costs
$480,300, which is 42.1% more expensive than the national average of
$338,100 and 73.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Signal Mountain costs
$1,440 per month, which is 34.6% more than the national average of
$1,070 and 25.7% more than the state average of
$1,070.
Can I afford Signal Mountain?
To live comfortably in Signal Mountain (zip 37377), Tennessee, a minimum annual income of
$92,160 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Signal Mountain?
The cost of living in Signal Mountain, TN 37377 is relatively high compared to other cities in the area. According to Best Places, the cost of living index for Signal Mountain is 123.3 whereas for nearby Chattanooga it is 95.5. This means that the overall cost of goods and services in Signal Mountain is about 28% higher than in Chattanooga. In addition to higher prices for housing and groceries, transportation costs are also higher due to limited public transport options. However, with its access to nature and a strong sense of community, Signal Mountain can offer an excellent quality of life for those who choose to live there.