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Cost of Living in Haywood County

Is it better to rent or buy in Haywood County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$49,687
$777/mo

Median in area: $777

$145,623

Median in area: $145,623

$29,125

If you Rent

🔑
$961 /mo
Base Rent$777
Est. Utilities$184
% of Income23.2%
Pre-tax Residual$3,180

If you Buy

🏠
$1,139 /mo
P&I (7.098%)$783
Taxes & Ins$172
Est. Utilities$184
% of Income27.5%
Pre-tax Residual$3,002

Compare Nearby Areas

See how Haywood County stacks up against neighboring areas.

countyTipton County, TN
$1,053/mo
countyFayette County, TN
$1,066/mo
countyMadison County, TN
$1,129/mo
countyLauderdale County, TN
$748/mo
countyCrockett County, TN
$842/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Haywood County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Haywood County. The estimated all-in monthly cost for renting is $961, while owning a median-priced home with a 20% down payment is roughly $1,139 per month (a difference of $178).

How much do utilities cost in Haywood County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Haywood County is approximately $184. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Haywood County?›

To comfortably afford the median rent and utilities in Haywood County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,440 per year.