Housing costs in Rives?
A typical home costs
$126,100, which is 62.7% less expensive than the national average of
$338,100 and 54.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Rives costs
$810 per month, which is 24.3% cheaper than the national average of
$1,070 and 7.4% more than the state average of
$750.
Can I afford Rives?
To live comfortably in Rives (zip 38253), Tennessee, a minimum annual income of
$24,120 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Rives?
The cost of living in 38253 Rives, TN is relatively low compared to other areas of the state. The median home value in 38253 is around $72,000, which is significantly lower than the statewide average. Additionally, the overall cost of living index for the area is 89.7, which is 19.3% lower than the Tennessee average. This means that basic living expenses such as food, housing and transportation are all much more affordable in Rives compared to other areas of Tennessee. This makes it an attractive option for those looking to live in a rural area on a budget.