Housing costs in Lewisburg?
A typical home costs
$258,900, which is 23.4% less expensive than the national average of
$338,100 and 6.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lewisburg costs
$950 per month, which is 11.2% cheaper than the national average of
$1,070 and 8.4% more than the state average of
$870.
Can I afford Lewisburg?
To live comfortably in Lewisburg (zip 37091), Tennessee, a minimum annual income of
$49,680 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lewisburg?
The cost of living in 37091 Lewisburg, TN is relatively low compared to other cities in the US. The median household income is just over $30,000 a year, with a cost of living index of 84.7, which is 15.3% lower than the national average. This makes it an attractive place for budget-minded individuals or families looking to save on their day-to-day expenses and still live comfortably. Housing costs are particularly affordable, with median home prices at around $116,000 and rental rates averaging around $700 per month. In addition to being an affordable area to live in generally, there are also several tax incentives available to those who own property in the area.