Cost of Living in Clarksville, TN

Housing

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

• Housing Index: 89.0 / 100
• Median Home Price is: $250000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1260 per month

When considering a move to Clarksville, TN, the housing index of 89.0 suggests a relatively affordable real estate market compared to national averages. With a median home price of 250000, purchasing a home is quite attainable. Renters can expect to pay around 1200 for a 2-bedroom apartment or 1260 for a house. It's important to factor in local amenities, lifestyle, and job market conditions, which could further enhance the attractiveness of moving to this location. Overall, Clarksville presents solid options for both buyers and renters.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clarksville, 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.): $220 per month

Living in Clarksville, 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 220 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: 92.5

Median Income

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

• Median Income: $62688

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 Clarksville, 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.