Cost of Living in Englewood, TN
Housing
The housing market plays a significant role in determining the cost of living in Englewood, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $195,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
Considering a move to Englewood, TN? The data suggests a housing index of 98.5, indicating affordability could be a potential concern. With a median home price of 195000, buying may still be accessible compared to higher-cost regions. However, the absence of rental data, with an average rent of 1602 for a 2-bedroom apartment and 1741 for a 2-bedroom house, lack clarity on the rental market. Research surrounding local job opportunities and community amenities may further inform your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Englewood, 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 Englewood, TN could entail higher utility costs. Electricity costs sit at $12.57, while natural gas is priced at $12.35 per Thousand Cubic Feet β 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 Englewood is a financially viable option for your relocation.