Cost of Living in Louin, MS
Housing
The housing market plays a significant role in determining the cost of living in Louin, MS.
- Housing Index: Data is updating
- Median Home Price is: $114000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the cost of living in Louin, MS, the median home price is notably low at 114000, suggesting it's an attractive option for homebuyers. However, an insufficient housing index along with the average rents for 2-bedroom apartments and houses both at zero indicates a potential housing shortage or lack of market activity. This may reflect possible challenges in finding rental properties or purchasing homes. It's advisable to explore local market trends, amenities, and community factors before deciding to relocate to ensure the long-term suitability of your investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Louin, 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 Louin, 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 Louin is a financially viable option for your relocation.