Cost of Living in Pigeon forge, TN
Housing
The housing market plays a significant role in determining the cost of living in Pigeon forge, TN.
- Housing Index: 90.0 / 100
- Median Home Price is: $302,000
- Average Rent (2 BR Apartment): $1178 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Pigeon forge, TN? With a housing index of 90.0, homes here are generally more affordable compared to national averages, pointing towards a cost-effective living environment. The median home price of 302000 opens doors to homeownership opportunities, while the average rent for a 2-bedroom apartment is set at 1178, making it feasible for renters as well. The rental market reflects a slight premium on houses with an average rent of 1280. These figures indicate a balanced market which offers flexibility for buyers and renters alike diving into the community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pigeon forge, 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.): $250 per month
Living in Pigeon forge, 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 $250 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 Pigeon forge is a financially viable option for your relocation.