Cost of Living: Southaven, MS vs Cochran, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southaven | Cochran |
|---|---|---|
| Housing Index | 85.5 | 85.4 |
| Median Home Price | $251,000 | $166,000 |
| Average Rent (2 BR Apartment) | $1300 | $800 |
| Average Rent (2 BR House) | $1365 | $850 |
Housing Comparison: Southaven vs Cochran
- In Southaven, the median home price is higher at $251,000, while in Cochran it is $166,000.
- In Cochran, the rental for a two-bedroom apartment stands at $800, while it is $1,300 in Southaven.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southaven | Cochran |
|---|---|---|
| Electricity Price | $13.42 | $15.53 |
| Natural Gas Price | $22.19 | $27.53 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Southaven vs Cochran
- Cochran has higher electricity costs at $15.53 per kWh, versus $13.42 in Southaven.
- Cochran experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Southaven.
- Utility expenses are equal in both Southaven and Cochran averaging $200.