Cost of Living: Falling waters, WV vs Mendenhall, MS

Housing

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

Metric Falling waters Mendenhall
Housing Index 95.3 85.0
Median Home Price $278,000 $190,000
Average Rent (2 BR Apartment) $1200 $800
Average Rent (2 BR House) $1344 $832

Housing Comparison: Falling waters vs Mendenhall

  • In Falling waters, the median home price is higher at $278,000, while in Mendenhall it is $190,000.
  • In Mendenhall, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Falling waters.

Utilities

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

Metric Falling waters Mendenhall
Electricity Price $15.48 $13.42
Natural Gas Price $23.05 $22.19
Other Utilities $150 $210

Utilities Comparison: Falling waters vs Mendenhall

  • Electricity costs are higher in Falling waters at $15.48 per kWh, compared to $13.42 in Mendenhall.
  • Natural gas is more expensive in Falling waters at $23.05 per unit, while it is cheaper at $22.19 in Mendenhall.
  • Mendenhall has higher utility expenses, averaging $210, while Falling waters averages $150.