Cost of Living in Bulls gap, TN
Housing
The housing market plays a significant role in determining the cost of living in Bulls gap, TN.
- Housing Index: 85.0 / 100
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): $1000 per month
- Average Rent (2 BR House): $1200 per month
Considering the housing data for Bulls gap, TN, we observe a housing index of 85.0 which indicates a relatively favorable market. With a median home price of 169000, home buying is viable, especially compared to many urban areas. Renting offers options as well, with the average rent for a 2BR apartment at 1000 and a 2BR house at 1200. This balance between renting and buying makes Bulls gap an attractive location for families and young professionals alike. Be sure to evaluate other local factors, such as job opportunities and schools, as they will further influence your moving decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bulls gap, 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.): $200 per month
Living in Bulls gap, 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 $200 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 Bulls gap is a financially viable option for your relocation.