Cost of Living in Horn lake, MS
Housing
The housing market plays a significant role in determining the cost of living in Horn lake, MS.
- Housing Index: 80.0 / 100
- Median Home Price is: $196,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1352 per month
Considering a move to Horn lake, MS? The housing index of 80.0 indicates a relatively affordable market. With a median home price of 196000, potential buyers have the opportunity to invest in property at a reasonable cost. Additionally, renting options are viable, with an average rent of 1200 for a 2-bedroom apartment and 1352 for a 2-bedroom house. Remember, this market compared to national averages shows a friendly outlook for both renters and buyers, making it a noteworthy option for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Horn lake, 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.): $250 per month
Living in Horn lake, 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 $250 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 Horn lake is a financially viable option for your relocation.