Cost of Living in Hohenwald, TN
Housing
The housing market plays a significant role in determining the cost of living in Hohenwald, TN.
- Housing Index: 85.5 / 100
- Median Home Price is: $181000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1365 per month
Considering the data for Hohenwald, TN, the housing index stands at 85.5, indicating a relatively affordable market compared to national averages. With a median home price of 181000, homebuyers might find an accessible entry point. Additionally, the average rent for a 2-bedroom apartment at 1200 and a 2-bedroom house at 1365 suggests moderately priced rental options. Remember to factor in local amenities, schools, and job opportunities, as they greatly impact overall living satisfaction. This analysis can aid in weighing your relocation decision effectively.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hohenwald, 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.): $200 per month
Living in Hohenwald, 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 $200 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 Hohenwald is a financially viable option for your relocation.