Housing costs in Lookout Mountain?
A typical home costs
$768,100, which is 127.2% more expensive than the national average of
$338,100 and 176.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lookout Mountain costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$1,070.
Can I afford Lookout Mountain?
To live comfortably in Lookout Mountain, Tennessee, a minimum annual income of
$147,240 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Lookout Mountain?
The cost of living in Lookout Mountain, TN is quite reasonable compared to other areas in the country. The median household income is just under $50,000 per year and the average home costs around $350,000. Groceries are relatively inexpensive with a typical grocery bill ringing up to an average of around $200 for a family of four. Utility bills remain low thanks to abundant sunshine and the abundance of wind turbines dotting the landscape throughout the area. Overall, Lookout Mountain offers an affordable lifestyle that allows families to save money while still enjoying some of the natural beauty that Tennessee has to offer.