Cost of Living in Mount juliet, TN
Housing
The housing market plays a significant role in determining the cost of living in Mount juliet, TN.
- Housing Index: 95.0 / 100
- Median Home Price is: $364,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1600 per month
Considering the housing landscape in Mount juliet, TN, we see a housing index of 95.0, indicating a relatively stable market. The median home price of 364000 suggests it remains an attractive option for homeownership despite rental costs averaging 1600 for a 2-bedroom apartment and 1600 for a 2-bedroom house. If you prioritize affordability, the current rental yields small savings compared to buying. It's also worth noting that areas with similar indexes may offer a variety of amenities and services enhancing your quality of life, further warranting your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mount juliet, 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.): $250 per month
Living in Mount juliet, 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 $250 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 Mount juliet is a financially viable option for your relocation.