Cost of Living in Shannon, MS
Housing
The housing market plays a significant role in determining the cost of living in Shannon, MS.
- Housing Index: Data is updating
- Median Home Price is: $104,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Shannon, MS? With a median home price at 104000, this location could offer affordable housing compared to many other regions. However, the housing index's current rating of 0.0 and lack of rental data for a 2BR apartment and house indicate potential challenges in the housing market. It's crucial to investigate local amenities, job opportunities, and community culture while considering these figures. Emerging neighborhoods could provide greater value, but ensure thorough research before making such an important decision. Knowledge is key when relocating!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shannon, 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 Shannon, 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 Shannon is a financially viable option for your relocation.