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Cost of Living in Clarksville

Is it better to rent or buy in Clarksville? 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.

$69,071
$1,341/mo

Median in area: $1,341

$259,723

Median in area: $259,723

$51,945

If you Rent

🔑
$1,513 /mo
Base Rent$1,341
Est. Utilities$172
% of Income26.3%
Pre-tax Residual$4,243

If you Buy

🏠
$1,821 /mo
P&I (6.92%)$1,371
Taxes & Ins$278
Est. Utilities$172
% of Income31.6%
Pre-tax Residual$3,935

Cost of Living FAQs

Is it cheaper to rent or buy in Clarksville?›

Based on median housing data, renting is currently more affordable on a monthly basis in Clarksville. The estimated all-in monthly cost for renting is $1,513, while owning a median-priced home with a 20% down payment is roughly $1,821 per month (a difference of $308).

How much do utilities cost in Clarksville?›

The average monthly utility cost (electricity and natural gas) for a typical home in Clarksville is approximately $172. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Clarksville?›

To comfortably afford the median rent and utilities in Clarksville without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $60,520 per year.