Cost of Living in Tiptonville, TN
Housing
The housing market plays a significant role in determining the cost of living in Tiptonville, TN.
- Housing Index: 85.0 / 100
- Median Home Price is: $142,000
- Average Rent (2 BR Apartment): $960 per month
- Average Rent (2 BR House): $950 per month
Considering moving to Tiptonville, TN? The housing index of 85.0 indicates that housing is quite affordable compared to many regions. With the median home price at 142000 and average rents for a 2-bedroom apartment and house at 960 and 950 respectively, you can find good options whether you prefer to rent or buy. Additionally, factors like local job market, recreational opportunities, and schools can enhance the appeal of your move. Overall, Tiptonville provides a reasonable cost of living, making it a viable option for many.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tiptonville, 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.): $150 per month
Living in Tiptonville, 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 $150 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 Tiptonville is a financially viable option for your relocation.