Cost of Living in Tullahoma, TN

Housing

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

• Housing Index: 90.0 / 100
• Median Home Price is: $250000
• Average Rent (2 BR Apartment): $900 per month
• Average Rent (2 BR House): $960 per month

Considering a move to Tullahoma, TN? With a population of and a median age of , this area possesses characteristics that may appeal to families and individuals alike. The median income stands at , which aligns well with the 10% poverty level. ~41% of households are married families, suggesting a stable community environment. Furthermore, the unemployment rate is a favorable %, indicating a robust job market. Overall, Tullahoma could be a promising choice for those seeking a balanced lifestyle with secure economic opportunities.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tullahoma, 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.): $210 per month

Living in Tullahoma, 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 210 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: 95.2

Median Income

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

• Median Income: $56771

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.

• Click here for more information

Summary

When considering a move to Tullahoma, 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.