Enviroment factors

Air quality:
1.7
Average air quality index for the past year
Poor air:
35/365
Total amount of days with bad air quality
Water Quality:

Cost of Living in Ripley, TN

Housing

The housing market plays a significant role in determining the cost of living in Ripley, TN.

  • Housing Index: 85.0 / 100
  • Median Home Price is: $158000
  • Average Rent (2 BR Apartment): $1200 per month
  • Average Rent (2 BR House): $1360 per month

Considering a move to Ripley, TN? With a housing index of 85.0, it indicates a below-average cost of living, making it an advantageous opportunity. The median home price is quite affordable at 158000, while the average rent for a 2-bedroom apartment is 1200 and for a house, 1360. This could appeal to both renters and prospective homeowners alike. Additionally, factors like local job market conditions and lifestyle amenities should be weighed into your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ripley, 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.): $220 per month

Living in Ripley, 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 220 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

  • Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

  • Median Income: $39454

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

Summary

When considering a move to Ripley, TN, consider the following factors:

  • Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
  • Job opportunities: The availability of jobs in your field can affect your quality of life.
  • Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.
Pros
  1. Growing job opportunities
  2. Local festivals and events
  3. Friendly community atmosphere
  4. Access to outdoor activities
  5. Supportive small businesses
  6. Family-friendly environment
  7. Low cost of living
  8. Strong sense of local pride
  9. Moderate climate year-round
  10. Good local schools
Cons
  1. Job market can be competitive
  2. Economic growth can be slow
  3. Limited nightlife options
  4. Limited public transportation
  5. Some schools underfunded
  6. Lack of large retail options
  7. Less diversity overall
  8. Few recreational facilities
  9. Potential for political tension
  10. Higher crime rates reported