Cost of Living in Alamo, TN

Housing

The housing market plays a significant role in determining the cost of living in Alamo, TN.

• Housing Index: 85.0 / 100
• Median Home Price is: $178000
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $800 per month

When considering a move to Alamo, TN, the housing index at 85.0 suggests an affordable market relative to other regions. With a median home price of 178000, potential homeowners can find good value, particularly given the average rent for a 2-bedroom apartment and house, both at 800 per month, making renting an equally viable option. Keep in mind that local amenities, job opportunities, and community features can also greatly influence your decision. Overall, Alamo appears to be a cost-effective choice for those seeking stable housing conditions.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Alamo, 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 Alamo, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $50135

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Alamo, TN, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.