Cost of Living in Mohawk, TN
Housing
The housing market plays a significant role in determining the cost of living in Mohawk, TN.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Mohawk, TN, the data reveals that while the median home price stands at a competitively low 150000, the absence of available rental options, indicated by a housing index of 0.0, could present challenges for prospective renters. The lack of average rents at $0.00 suggests limited rental market activity, possibly pushing newcomers towards home ownership instead. Bear in mind that real estate market dynamics can shift rapidly; exploring local economic and job growth trends will provide better insight into potential long-term residence stability in Mohawk.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mohawk, 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 Mohawk, 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 Mohawk is a financially viable option for your relocation.