Cost of Living in Woodbury, TN
Housing
The housing market plays a significant role in determining the cost of living in Woodbury, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $212,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
When considering a move to Woodbury, TN, it's important to note the median home price is currently 212000. However, the housing index shows a concerning 98.5 with both average rents for a 2BR apartment and house at 1602 and 1741, respectively, treading at zero. This suggests either a lack of rental options or distorted data. Keep in mind that approximately 66% of Americans prefer to live in rental housing, indicating a potential challenge in the rental market. Always consider local job opportunities and community amenities as you make your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Woodbury, 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 Woodbury, 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 Woodbury is a financially viable option for your relocation.