Cost of Living in Brentwood, TN

Housing

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

• Housing Index: 125.0 / 100
• Median Home Price is: $617000
• Average Rent (2 BR Apartment): $2200 per month
• Average Rent (2 BR House): $2400 per month

In Brentwood, TN, the housing market reflects a housing index of 125.0, indicating an elevated demand relative to other regions. The median home price stands at 617000, which suggests a competitive real estate environment. Both the average rent prices for a 2-bedroom apartment at 2200 and for a 2-bedroom house at 2400 indicate a relatively high rental market, appealing to those seeking longer-term accommodation. If affordability is a concern, consider the economic factors such as job opportunities and lifestyle options, as they will significantly influence your decision to move.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brentwood, 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.): $250 per month

Living in Brentwood, 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 250 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: 115.5

Median Income

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

• Median Income: $181576

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 Brentwood, 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.