Cost of Living in Booneville, MS
Housing
The housing market plays a significant role in determining the cost of living in Booneville, MS.
- Housing Index: 85.0 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Booneville, MS? With a housing index of 85.0, it suggests a relatively affordable market. The median home price is 150000, making homeownership an attractive option, especially if you compare it against the average rent for a 2BR apartment at 1200 and for a house at 1280. Investing in real estate here could be financially beneficial, particularly if you're looking for stability and potential appreciation in property value. Don't forget to explore the community amenities and local markets too, as these factors further influence the overall living experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Booneville, 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.): $180 per month
Living in Booneville, 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 $180 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 Booneville is a financially viable option for your relocation.