Housing costs in Collierville?
A typical home costs
$495,000, which is 46.4% more expensive than the national average of
$338,100 and 78.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Collierville costs
$1,420 per month, which is 32.7% more than the national average of
$1,070 and 28.2% more than the state average of
$1,020.
Can I afford Collierville?
To live comfortably in Collierville (zip 38017), Tennessee, a minimum annual income of
$94,680 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Collierville?
The cost of living in 38017 Collierville, TN is relatively affordable and accessible. The median home value is around $308,700, which is lower than the national average. The median household income in 38017 is also higher than the national average at $95,999 a year. Additionally, the cost of goods and services such as gas, groceries and healthcare are close to the national average or slightly below. This makes Collierville a great place to live for anyone looking for an affordable town that still offers plenty of shopping and dining options.