Cost of Living in Etowah, TN
Housing
The housing market plays a significant role in determining the cost of living in Etowah, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
Considering your data for Etowah, TN, the housing index indicates a stable market with a median home price of 200000. While the provided values for average rent for both 2-bedroom apartments and houses are at zero, it suggests limited rental options or data availability. Typically, affordable home prices attract buyers, indicating potential growth in property demand. However, it may also reflect a lack of rental variety. Research local amenities, employment opportunities, and community activities to gain a well-rounded perspective before making your decision on moving to this location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Etowah, 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 Etowah, 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 Etowah is a financially viable option for your relocation.