Cost of Living in Winfield, TN
Housing
The housing market plays a significant role in determining the cost of living in Winfield, TN.
- Housing Index: 98.5 / 100
- Median Home Price is: $239,000
- Average Rent (2 BR Apartment): $1602 per month
- Average Rent (2 BR House): $1741 per month
In Winfield, TN, the housing index currently stands at a surprising 98.5, suggesting a unique dynamic in the local market. The median home price of 239000 indicates an accessible option for prospective homeowners. However, the absence of data on average rent for 2-bedroom apartments and houses could represent a lack of available rental properties or price fluctuations unseen in larger markets. It's essential to consider nearby amenities, job opportunities, and overall lifestyle when evaluating your decision to relocate. An exploration of community resources might be beneficial in guiding your ultimate choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winfield, 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.): $238 per month
Living in Winfield, 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 $238 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 Winfield is a financially viable option for your relocation.