Cost of Living in Ridgeland, MS
Housing
The housing market plays a significant role in determining the cost of living in Ridgeland, MS.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Ridgeland, MS, the housing index appears to be set at 0.0, which is essentially non-existent at this time. The median home price of 200000, is relatively affordable, indicating potential opportunities for homebuyers. However, without available rental data—the average rent for a 2BR apartment and a 2BR house both at 0.0 and 0.0, respectively—it's difficult to assess the rental market. This combined with a low housing index suggests that those considering moving should conduct further research to fully understand the living situation in Ridgeland before making any decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ridgeland, 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 Ridgeland, 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 Ridgeland is a financially viable option for your relocation.