Cost of Living in Hickman, TN
Housing
The housing market plays a significant role in determining the cost of living in Hickman, TN.
- Housing Index: Data is updating
- Median Home Price is: $218,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Hickman, TN, the current housing market reflects a stable, albeit undefined, situation with a housing index of 0.0. The median home price is a reasonable 218000, suggesting it could be an affordable entry point for buyers. However, with both average rents for a 2BR apartment and house reported as 0.0 and 0.0 respectively, analysis shows uncertainty in rental options at this time. Therefore, it would be wise to consider local economic indicators and future growth potential before making a relocation decision. Remember to factor in job prospects and lifestyle compatibility as well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hickman, 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.): Data is updating
Living in Hickman, 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 data unavailable 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 Hickman is a financially viable option for your relocation.