Cost of Living in Brighton, TN
Housing
The housing market plays a significant role in determining the cost of living in Brighton, TN.
- Housing Index: 90.0 / 100
- Median Home Price is: $207,500
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1225 per month
Considering a move to Brighton, TN? With a housing index of 90.0, this location is slightly below the national average, making it relatively affordable. The median home price stands at 207500, offering a solid investment opportunity for potential homeowners. For renters, the average rent for a 2-bedroom apartment is 1200 and a 2-bedroom house is 1225. These rates suggest that while renting may provide immediate flexibility, purchasing property could yield long-term savings and equity. Explore housing options that suit your financial plans and lifestyle preferences!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brighton, 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 Brighton, 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 Brighton is a financially viable option for your relocation.