Cost of Living in Union city, TN
Housing
The housing market plays a significant role in determining the cost of living in Union city, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
When considering a move to Union city, TN, the housing index of 98.5 indicates a moderately favorable market for buyers and renters. The median home price of 155000 can be appealing compared to national averages, especially if your budget allows for homeownership. Additionally, rental prices—1602 for a 2BR apartment and 1741 for a house—offer affordable options for those preferring renting over purchasing. Remember, while the costs are key, also consider the local amenities, schools, and community culture to make the best informed decision for you and your family.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Union city, 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 Union city, 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 Union city is a financially viable option for your relocation.