Cost of Living in Stanton, TN
Housing
The housing market plays a significant role in determining the cost of living in Stanton, 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
When considering a move to Stanton, TN, it's crucial to analyze the local housing market. Currently, the housing index stands at 98.5, indicating potential affordability issues. The median home price is recorded at 0, which may signal a more expensive market. Additionally, with average rents for a 2-bedroom apartment and house at 1602 and 1741, respectively, your overall budget should be assessed to avoid financial strain. It might also be worth exploring factors such as local amenities, job opportunities, and community vibes to ensure a holistic decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stanton, 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 Stanton, 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 Stanton is a financially viable option for your relocation.