The housing market plays a significant role in determining the cost of living in Mendenhall, MS.
When considering a move to Mendenhall, MS, it's important to recognize its unique demographics and economic factors. With a population of and a median age of , the community is relatively mature. The median income stands at , which is lower than many regions, reflecting a poverty level of %. Additionally, the unemployment rate of % may suggest economic challenges. Despite having a decent percentage of married families at %, potential residents should weigh these factors carefully against lifestyle preferences and job opportunities before making their decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mendenhall, MS.
Living in Mendenhall, 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 210 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Mendenhall, MS, consider the following factors: