Cost of Living in Greenville, MS
Housing
The housing market plays a significant role in determining the cost of living in Greenville, MS.
- Housing Index: 80.0 / 100
- Median Home Price is: $110,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1245 per month
When considering a move to Greenville, MS, it’s essential to analyze the housing landscape. The housing index stands at 80.0, suggesting affordability relative to the region. With a median home price of 110000, purchasing a home may be a feasible option for many. Alternatively, renting options are available, with average rent for a 2BR apartment at 1200 and a 2BR house at 1245. This information highlights the balance between buying and renting, indicating a competitive market. Exploring local amenities and job opportunities can further aid in your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Greenville, 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 Greenville, 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 Greenville is a financially viable option for your relocation.