Cost of Living in Petersburg, TN
Housing
The housing market plays a significant role in determining the cost of living in Petersburg, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
Based on the provided data, it's evident that the real estate market in Petersburg, TN exhibits no current activity, indicated by a housing index of 98.5 and median home price of 0. With both average rent prices for 2BR apartments and houses at 1602 and 1741, this may suggest a lack of available inventory or unfavorable buying conditions. Prospective movers should consider researching local amenities, job opportunities, and market trends to better gauge whether this location will suit their long-term needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Petersburg, 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 Petersburg, 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 Petersburg is a financially viable option for your relocation.