Cost of Living in Shelbyville, TN
Housing
The housing market plays a significant role in determining the cost of living in Shelbyville, TN.
- Housing Index: 85.0 / 100
- Median Home Price is: $228,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Shelbyville, TN? With a housing index of 85.0, it's relatively affordable compared to national averages. The median home price of 228000 is quite attractive for potential homeowners, while renting a 2-bedroom apartment averages around 1200, and a house slightly higher at 1360. This balance of housing costs may provide an opportunity for a stable lifestyle. Additionally, it’s essential to consider local amenities, job prospects, and community dynamics for a well-rounded decision. A thorough analysis of these aspects will ensure you choose the right place to call home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shelbyville, 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 Shelbyville, 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 Shelbyville is a financially viable option for your relocation.