Cost of Living: Sparks, NV vs Southaven, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sparks | Southaven |
|---|---|---|
| Housing Index | 105.0 | 85.5 |
| Median Home Price | $475,000 | $251,000 |
| Average Rent (2 BR Apartment) | $1600 | $1300 |
| Average Rent (2 BR House) | $1628 | $1365 |
Housing Comparison: Sparks vs Southaven
- In Sparks, the median home price is higher at $475,000, while in Southaven it is $251,000.
- Renting a two-bedroom apartment costs more in Sparks at $1,600 than in Southaven at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sparks | Southaven |
|---|---|---|
| Electricity Price | $15.5 | $13.42 |
| Natural Gas Price | $20.66 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Sparks vs Southaven
- Electricity costs are higher in Sparks at $15.5 per kWh, compared to $13.42 in Southaven.
- Southaven experiences higher natural gas costs at $22.19 per unit, with costs at $20.66 in Sparks.
- Other utility costs are higher in Sparks at an average of $250, compared to Southaven with $200.