Cost of Living in Palmersville, TN
Housing
The housing market plays a significant role in determining the cost of living in Palmersville, 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 Palmersville, TN? The housing market indicates a 0.0 index of 0. This means homeownership might be more accessible, with a median home price standing at an attractive 150000. However, it's noteworthy that averages for renting—both for a 2-bedroom apartment and a house—are not provided, possibly indicating constraints in availability or affordability. Generally, lower housing costs can be empowering for buyers, particularly in a fluctuating market. Before making any decisions, it's wise to further explore the local job market and amenities to ensure a complete picture.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Palmersville, 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 Palmersville, 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 Palmersville is a financially viable option for your relocation.