Cost of Living in Aberdeen, MS
Housing
The housing market plays a significant role in determining the cost of living in Aberdeen, MS.
- Housing Index: 90.0 / 100
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): $720 per month
- Average Rent (2 BR House): $800 per month
When considering a move to Aberdeen, MS, the housing scene is quite inviting with a housing index of 90.0, indicating affordability compared to national averages. The median home price of 130000 offers a competitive option for potential homeowners, while average rents for 2-bedroom apartments and houses, at 720 and 800 respectively, suggest a reasonable rental market as well. Given that property values may appreciate over time, this could be an opportune moment to invest in real estate while maintaining affordability in housing options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aberdeen, MS.
- Electricity Price: $13.42 USD (median by state)
- Natural Gas Price: $22.19 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Aberdeen, MS could entail higher utility costs. Electricity costs sit at $13.42, while natural gas is priced at $22.19 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Aberdeen is a financially viable option for your relocation.