Cost of Living in Murfreesboro, TN
Housing
The housing market plays a significant role in determining the cost of living in Murfreesboro, TN.
- Housing Index: 90.0 / 100
- Median Home Price is: $301,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1200 per month
Considering the data for Murfreesboro, TN, the housing index of 90.0 indicates a reasonable cost of living in relation to the area. With a median home price of 301000, homeownership could be an attractive option for many. Alternatively, the average rent for a 2-bedroom apartment at 1350 and a house at 1200 provides flexibility for renters in this market. Overall, these figures suggest a balance between affordability and housing options, a potential boon for those planning to relocate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Murfreesboro, 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 Murfreesboro, 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 Murfreesboro is a financially viable option for your relocation.