Cost of Living in Talbott, TN
Housing
The housing market plays a significant role in determining the cost of living in Talbott, TN.
- Housing Index: Data is updating
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the current market statistics for Talbott, TN, the housing index stands at 0.0, which indicates a potentially favorable time for buyers. The median home price is 250000, suggesting an affordable entry point into the housing market. However, both the average rent for a 2-bedroom apartment and house are currently at 0.0 and 0.0, respectively, signaling either a gap in rental properties or market instability. It’s essential to evaluate your long-term goals whether to buy or rent as this data suggests an opportunity in homeownership for those ready to invest.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Talbott, 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 Talbott, 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 Talbott is a financially viable option for your relocation.