Cost of Living in Corinth, MS
Housing
The housing market plays a significant role in determining the cost of living in Corinth, MS.
- Housing Index: 75.0 / 100
- Median Home Price is: $162,500
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $1000 per month
When considering a move to Corinth, MS, the housing index stands at 75.0, indicating a relatively balanced market. The median home price of 162500 offers an affordable option for potential homebuyers, while rental rates for a 2-bedroom apartment averaging 800 and a 2-bedroom house at 1000 provide reasonable alternatives. With these values, you can weigh the benefits of long-term investment versus renting. Remember, factors like local economy, schools, and community amenities could also affect your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Corinth, 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 Corinth, 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 Corinth is a financially viable option for your relocation.