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Finding a place to settle down and call home can be influenced by a variety of factors, with price arguably being one of if not the most important variable for many families searching for their forever home. While homes in some major cities come with a higher price tag, there are plenty of nearby towns and suburbs that won't be as hard on your wallet.
According to a list compiled by HomeSnacks, which analyzed census data on home prices, rents and incomes, the cheapest place to live in Tennessee is La Follette, a small city in East Tennessee with a median home price of $143,885, median rent of $729 and median income of $35,706. Here's what the site had to say about the most affordable place to live in the state:
"La Follette, located in Tennessee, is a city that offers an affordable cost of living for its residents. [...] La Follette is a vibrant city that seamlessly blends growth and modern amenities with its small-town charm. La Follette provides a delightful mix of mountainous landscapes, a nearby lake, and a forty-five-minute commute to Knoxville."
These are the 10 cheapest places to live in Tennessee, according to HomeSnacks:
- La Follette
- Rockwood
- Lawrenceburg
- Memphis
- Humboldt
- Harriman
- Madisonville
- Union City
- Brownsville
- Covington
Read up on the full list of Tennessee's cheapest places to live at homesnacks.com. You can also check out our previous coverage of the Tennessee city named among the best "affordable vacation destinations" for summer.