Cost of Living in Camden, TN
Housing
The housing market plays a significant role in determining the cost of living in Camden, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $185,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
Considering a move to Camden, TN? The current housing index of 98.5 suggests a stable market. With a median home price of 185000, purchasing a home seems economically viable. However, it’s noteworthy that there's no current data for average rents of both 2-bedroom apartments and houses, which may indicate limited rental options. If you're leaning towards buying a home, this neighborhood presents an attractive long-term investment. Research local amenities, schools, and the future market trends to make a well-informed decision for your next chapter.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Camden, 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.): $238 per month
Living in Camden, 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 $238 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 Camden is a financially viable option for your relocation.