Cost of Living in Elmwood, TN
Housing
The housing market plays a significant role in determining the cost of living in Elmwood, TN.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Elmwood, TN? The current housing index at 0.0 indicates a unique market climate. With a median home price of 150000, affordability may be within reach for potential buyers. However, it's notable that the average rent for a 2BR apartment and house presently stands at 0.0 and 0.0, respectively. Before making a decision, consider local amenities, job opportunities, and community attributes that can enhance your living experience in addition to housing costs. Remember, investing in a home isn't just a financial choice but a lifestyle change as well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elmwood, 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 Elmwood, 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 Elmwood is a financially viable option for your relocation.