Total monthly cost of ownership
Cost to Own a Home in Livingston, Tennessee
A $116,000 home here costs
$1,026per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $596. The real number is $430 higher every month — 72% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Livingston against Overton County and Tennessee
| Measure | Livingston | Overton County |
|---|---|---|
| Median home value | $115,600 | $171,700 |
| Median property tax | $1,030 | $676 |
| Effective tax rate | 0.891% | 0.394% |
| Median gross rent | $778 | $833 |
| Population | 3,957 | 22,807 |
The weather behind that power bill
Livingston sits in Overton County, which averages a high of 87.1°F in its hottest month and a low of 27.2°F in its coldest, with 53.45" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,277 cooling and 4,019 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Overton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Overton County
No other places of this size are published in Overton County.
Full Overton County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Livingston?
A $116,000 home in Livingston, Tennessee costs approximately $1,026 per month with 20% down at 6.66%. That is $596 principal and interest, $86 property tax, $49 homeowners insurance, $198 utilities and $97 set aside for maintenance.
What is the property tax rate in Livingston?
Livingston has an effective property tax rate of 0.891%, based on a median home value of $115,600 and median real estate taxes of $1,030. That is higher than the Overton County average of 0.394%.
What is the average home price in Livingston?
The median owner-occupied home value in Livingston, Tennessee is $115,600, against $171,700 across Overton County.
Is it cheaper to rent or buy in Livingston?
Median gross rent in Livingston is $778 a month, against $1,026 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Livingston — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.