Cost of Living in Hollow rock, TN
Housing
The housing market plays a significant role in determining the cost of living in Hollow rock, TN.
- Housing Index: Data is updating
- Median Home Price is: $145,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Hollow rock, TN, it's important to note that the housing index sits at 0.0, indicating potential affordability or availability challenges. The median home price is a relatively low 145000, which may attract first-time buyers. However, with zero data on rents for both 2-bedroom apartments and houses, it's crucial to further investigate local market conditions and understand additional living costs. Generally, markets with low median prices should be assessed for overall economic factors and future market trends to gauge long-term investment potential.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hollow rock, 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 Hollow rock, 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 Hollow rock is a financially viable option for your relocation.