Cost of Living in Waverly, TN

Housing

The housing market plays a significant role in determining the cost of living in Waverly, TN.

  • Housing Index: 98.5 / 100
  • Median Home Price is: $200,000
  • Average Rent (2 BR Apartment): $1602 per month
  • Average Rent (2 BR House): $1741 per month

Considering moving to Waverly, TN? With a housing index of 98.5, the affordability of both renting and buying seems feasible for many. The median home price stands at 200000, which is relatively moderate compared to national averages. Renting options include 2-bedroom apartments averaging 1602 and houses at 1741. Furthermore, look into job opportunities and local amenities to enhance your decision. Overall, the costs suggest a likely balanced lifestyle with room for financial flexibility in housing choices.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waverly, 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 Waverly, 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 Waverly is a financially viable option for your relocation.