Housing costs in Gates?
A typical home costs
$110,100, which is 67.4% less expensive than the national average of
$338,100 and 60.3% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Gates costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,070.
Can I afford Gates?
To live comfortably in Gates (zip 38037), Tennessee, a minimum annual income of
$21,240 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Gates?
38037 Gates, TN offers an affordable cost of living compared to many other parts of the country. The median home value is around $90,000, with rents averaging around $750 per month. Utilities are relatively low in 38037 Gates, TN and groceries tend to be less expensive than in cities or suburban areas. The area also has a variety of local restaurants and attractions for families to enjoy at reasonable prices. All in all, the cost of living in 38037 Gates, TN is lower than the national average and provides residents with a great quality of life without breaking their budgets.