Cost of Living in Arrington, TN
Housing
The housing market plays a significant role in determining the cost of living in Arrington, TN.
- Housing Index: Data is updating
- Median Home Price is: $410,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Arrington, TN? The current housing dynamics indicate a housing index of 0.0, suggesting a relatively unaffordable market. The median home price stands at an impressive 410000, which could limit opportunities for budget-conscious buyers. However, the values for average rent for a 2-bedroom apartment and house appear to be missing, highlighting a gap in rental supply. In comparison, the national average home prices and rents have increased considerably in recent years. It may be wise to evaluate neighboring areas for more affordable living options before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Arrington, 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 Arrington, 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 Arrington is a financially viable option for your relocation.