Cost of Living: Booneville, MS vs Melvin, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Booneville Melvin
Housing Index 85.0 Data is updating
Median Home Price $150,000 $95,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Booneville vs Melvin

  • In Booneville, the median home price is higher at $150,000, while in Melvin it is $95,000.
  • The rent for a two-bedroom apartment is equal in both Booneville and Melvin at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Booneville Melvin
Electricity Price $13.42 $16.15
Natural Gas Price $22.19 $16.59
Other Utilities $180 $Data is updating

Utilities Comparison: Booneville vs Melvin

  • Melvin has higher electricity costs at $16.15 per kWh, versus $13.42 in Booneville.
  • Natural gas is more expensive in Booneville at $22.19 per unit, while it is cheaper at $16.59 in Melvin.
  • Utility expenses are equal in both Booneville and Melvin averaging $180.