Cost of Living in Westport, TN
Housing
The housing market plays a significant role in determining the cost of living in Westport, TN.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering relocating to Westport, TN? The low housing index of 0.0 indicates a potentially favorable real estate market for buyers. With a median home price of 200000, purchasing a home could be more affordable than in many other regions. However, the absence of data for rental prices suggests limited rental availability or competition, which may impact your decision if leasing is a priority. Additionally, keep in mind that property values can vary significantly over time, so investing in a home could mean building equity moving forward.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Westport, 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 Westport, 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 Westport is a financially viable option for your relocation.