Cost of Living in Alexandria, TN
Housing
The housing market plays a significant role in determining the cost of living in Alexandria, TN.
- Housing Index: Data is updating
- Median Home Price is: $226,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Alexandria, TN, the real estate data suggests promising affordability, especially with a median home price of 226000. Although the housing index indicates there's currently no data for average rents—both for a 2-bedroom apartment and a house—affordable home buying options may provide a favorable alternative for potential residents. Furthermore, keep in mind that homes near amenities tend to appreciate quicker, so it's wise to assess local schools, parks, and services as you weigh your options for future investments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Alexandria, 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.): Data is updating
Living in Alexandria, 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 data unavailable 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 Alexandria is a financially viable option for your relocation.