Cost of Living in Brookhaven, MS

Housing

The housing market plays a significant role in determining the cost of living in Brookhaven, MS.

• Housing Index: 85.0 / 100
• Median Home Price is: $138000
• Average Rent (2 BR Apartment): $1000 per month
• Average Rent (2 BR House): $1050 per month

Considering a move to Brookhaven, MS? The housing index of 85.0 indicates a relatively affordable market, with a median home price of 138000, which is below the national average. The average rent for a 2-bedroom apartment stands at 1000, while a 2-bedroom house rents for 1050. This affordability may attract families and young professionals, making it a potentially attractive location for those looking to balance cost and lifestyle. Explore local amenities and job opportunities to ensure a well-rounded decision when relocating.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brookhaven, 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 Brookhaven, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $32869

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Brookhaven, MS, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.