Cost of Living: Southaven, MS vs Forest city, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southaven | Forest city |
|---|---|---|
| Housing Index | 85.5 | 85.0 |
| Median Home Price | $251,000 | $210,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1365 | $1360 |
Housing Comparison: Southaven vs Forest city
- In Southaven, the median home price is higher at $251,000, while in Forest city it is $210,000.
- Renting a two-bedroom apartment costs more in Southaven at $1,300 than in Forest city 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 | Southaven | Forest city |
|---|---|---|
| Electricity Price | $13.42 | $13.72 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $200 | $200 |
Utilities Comparison: Southaven vs Forest city
- Forest city has higher electricity costs at $13.72 per kWh, versus $13.42 in Southaven.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Southaven and Forest city averaging $200.