Cost of Living in Bristol, TN
Housing
The housing market plays a significant role in determining the cost of living in Bristol, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $238,000
- Average Rent (2 BR Apartment): $1173 per month
- Average Rent (2 BR House): $1275 per month
In Bristol, TN, the housing index stands at 98.5, indicating a relatively stable market for prospective buyers and renters. The median home price is 238000, which can be attractive for those looking to invest in property. Renters can expect to pay an average of 1173 for a two-bedroom apartment and 1275 for a two-bedroom house. These figures suggest a balanced housing market where affordability is appreciable for both buyers and renters. Consider local amenities, job opportunities, and lifestyle preferences as part of your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bristol, TN.
- Electricity Price: $12.57 USD (median by state)
- Natural Gas Price: $12.35 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $238 per month
Living in Bristol, TN could entail higher utility costs. Electricity costs sit at $12.57, while natural gas is priced at $12.35 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $238 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bristol is a financially viable option for your relocation.