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Cost of Living in Bedford County

Is it better to rent or buy in Bedford County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$68,944
$1,073/mo

Median in area: $1,073

$288,077

Median in area: $288,077

$57,615

If you Rent

🔑
$1,250 /mo
Base Rent$1,073
Est. Utilities$177
% of Income21.8%
Pre-tax Residual$4,495

If you Buy

🏠
$1,959 /mo
P&I (6.984%)$1,531
Taxes & Ins$251
Est. Utilities$177
% of Income34.1%
Pre-tax Residual$3,787

Compare Nearby Areas

See how Bedford County stacks up against neighboring areas.

countyLincoln County, TN
$842/mo
countyCoffee County, TN
$931/mo
countyMoore County, TN
$788/mo
countyMarshall County, TN
$1,045/mo
countyRutherford County, TN
$1,634/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Bedford County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Bedford County. The estimated all-in monthly cost for renting is $1,250, while owning a median-priced home with a 20% down payment is roughly $1,959 per month (a difference of $709).

How much do utilities cost in Bedford County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Bedford County is approximately $177. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Bedford County?›

To comfortably afford the median rent and utilities in Bedford County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $50,000 per year.