Cost of Living in Holly springs, MS

Housing

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

• Housing Index: 75.0 / 100
• Median Home Price is: $150000
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $960 per month

Considering the data provided for Holly springs, MS, the housing index stands at 75.0, indicating a relatively affordable market compared to many urban areas. The median home price of 150000 is below the national average, making homeownership more accessible. Additionally, the average rent for a 2-bedroom apartment is 800, while a 2-bedroom house averages 960. With a balance of affordable housing options and a modest rent structure, moving to Holly springs could be a wise decision for those seeking better living conditions without draining their finances.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Holly springs, 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 Holly springs, 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: 85.0

Median Income

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

• Median Income: $45552

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 Holly springs, 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.