Cost of Living in Burns, TN
Housing
The housing market plays a significant role in determining the cost of living in Burns, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
When considering a move to Burns, TN, the housing index currently stands at 98.5, indicating significant affordability or distinct market dynamics. The median home price is set at 300000, which may be attractive to homebuyers looking for investment opportunities. However, average rent for a 2-bedroom apartment and house both show at 1602 and 1741, suggesting challenges in rental availability. It’s essential to explore local amenities, job opportunities, and the overall demand in the housing market to make an informed decision on your potential relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Burns, 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 Burns, 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 Burns is a financially viable option for your relocation.