Cost of Living: Southaven, MS vs Norfolk, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southaven | Norfolk |
|---|---|---|
| Housing Index | 85.5 | 110.0 |
| Median Home Price | $251,000 | $292,000 |
| Average Rent (2 BR Apartment) | $1300 | $1800 |
| Average Rent (2 BR House) | $1365 | $1840 |
Housing Comparison: Southaven vs Norfolk
- The median home price in Norfolk is higher at $292,000, compared to $251,000 in Southaven.
- In Norfolk, the rental for a two-bedroom apartment stands at $1,800, 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 | Norfolk |
|---|---|---|
| Electricity Price | $13.42 | $15.31 |
| Natural Gas Price | $22.19 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Southaven vs Norfolk
- Norfolk has higher electricity costs at $15.31 per kWh, versus $13.42 in Southaven.
- Natural gas is more expensive in Southaven at $22.19 per unit, while it is cheaper at $19.91 in Norfolk.
- Norfolk has higher utility expenses, averaging $250, while Southaven averages $200.