Cost of Living in Columbus, MS

Housing

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

  • Housing Index: 75.5 / 100
  • Median Home Price is: $186,800
  • Average Rent (2 BR Apartment): $800 per month
  • Average Rent (2 BR House): $816 per month

Considering a move to Columbus, MS? The housing index stands at 75.5, suggesting a reasonably competitive market. With a median home price of 186800, it offers potential buyers an affordable entry into homeownership. The average rent for a 2-bedroom apartment is 800, while a 2-bedroom house is slightly higher at 816. These rental prices indicate an accessible rental market, which is appealing for families and professionals alike. Overall, Columbus can provide an attractive option for those seeking a balanced lifestyle between affordability and amenities.

Utilities

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