Cost of Living in Milton, TN
Housing
The housing market plays a significant role in determining the cost of living in Milton, TN.
- Housing Index: Data is updating
- Median Home Price is: $275,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering relocating to Milton, TN? With a median home price of 275000, this area offers an appealing opportunity for homebuyers looking to invest in real estate. However, both the housing index and rental prices for 2-bedroom apartments and houses currently stand at $0. This may suggest limited market data or a trend towards buying rather than renting. Keep in mind that favorable property prices might be complemented by an upcoming influx of job opportunities or community development plans in the region, potentially enhancing the area’s livability and long-term value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Milton, 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 Milton, 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 Milton is a financially viable option for your relocation.