Cost of Living in Huntland, TN
Housing
The housing market plays a significant role in determining the cost of living in Huntland, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
Considering the housing market in Huntland, TN, the housing index is currently at 98.5, indicating affordability relative to other areas. The median home price stands at 199000, which is quite reasonable, especially for first-time buyers. Additionally, the average rent for a 2-bedroom apartment is set at 1602, while a 2-bedroom house averages 1741. Keep in mind that rental prices can vary based on neighborhood and local amenities, so it’s wise to explore various options. Overall, Huntland appears to offer a promising balance between renting and home purchasing.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Huntland, 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 Huntland, 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 Huntland is a financially viable option for your relocation.