Cost of Living in Richton, MS
Housing
The housing market plays a significant role in determining the cost of living in Richton, MS.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data, Richton, MS indicates promising affordability with a median home price of 150000. However, the housing index and average rents for both 2-bedroom apartments and houses being noted as 0.0 suggests a lack of available rental data or an emerging market. The absence of rental costs can indicate lower demand or high ownership rates in the area. Additionally, consider researching local amenities, schools, and job opportunities as these factors will significantly impact your living experience despite the attractive home prices.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Richton, 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 Richton, 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 Richton is a financially viable option for your relocation.