Cost of Living in Canton, MS
Housing
The housing market plays a significant role in determining the cost of living in Canton, MS.
- Housing Index: 75.0 / 100
- Median Home Price is: $204,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $800 per month
Considering a move to Canton, MS? The housing index here stands at 75.0, indicating a relatively affordable housing market. With a median home price of 204000, purchasing a property could be within reach for many buyers. Additionally, average rents for a 2-bedroom apartment and house are both set at 800. This consistency in rental rates suggests stability in the housing market. If you’re looking for a community with manageable housing costs, Canton may be an attractive option as it typically fosters a balanced lifestyle for residents.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Canton, 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 Canton, 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 Canton is a financially viable option for your relocation.