Cost of Living: Oxford, MS vs Welch, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oxford | Welch |
|---|---|---|
| Housing Index | 90.5 | Data is updating |
| Median Home Price | $244,000 | $102,500 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Oxford vs Welch
- In Oxford, the median home price is higher at $244,000, while in Welch it is $102,500.
- The rent for a two-bedroom apartment is equal in both Oxford and Welch 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 | Oxford | Welch |
|---|---|---|
| Electricity Price | $13.42 | $15.48 |
| Natural Gas Price | $22.19 | $23.05 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Oxford vs Welch
- Welch has higher electricity costs at $15.48 per kWh, versus $13.42 in Oxford.
- Welch experiences higher natural gas costs at $23.05 per unit, with costs at $22.19 in Oxford.
- Utility expenses are equal in both Oxford and Welch averaging $200.