Cost of Living in Collinsville, MS
Housing
The housing market plays a significant role in determining the cost of living in Collinsville, MS.
- Housing Index: Data is updating
- Median Home Price is: $188,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Collinsville, MS? The current housing index stands at 0.0, reflecting a stable market. The median home price of 188000 indicates affordability compared to national averages, making it an attractive option for first-time buyers. However, both the average rent for a 2-bedroom apartment and a house are currently listed at 0.0 and 0.0, which suggests limited rental inventory. Before making a decision, think about long-term investments in this market and consider the local amenities and lifestyle options available in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Collinsville, MS.
- Electricity Price: $13.42 USD (median by state)
- Natural Gas Price: $22.19 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Collinsville, MS could entail higher utility costs. Electricity costs sit at $13.42, while natural gas is priced at $22.19 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable 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 Collinsville is a financially viable option for your relocation.