Cost of Living in Lena, MS
Housing
The housing market plays a significant role in determining the cost of living in Lena, MS.
- Housing Index: Data is updating
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Lena, MS, the housing index reveals a concerning value of 0.0, indicating a lack of available housing options. The median home price stands at 100000, suggesting affordability compared to national averages. However, the fact that both average rents for a 2BR apartment and house are recorded as zero highlights a potentially nonexistent rental market in the area. This could imply lower demand, possibly affecting property value stability in the long run. Potential movers should consider this in their decision-making process, along with evaluating local amenities and job opportunities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lena, 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.): Data is updating
Living in Lena, 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 data unavailable 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 Lena is a financially viable option for your relocation.