Cost of Living in Pascagoula, MS
Housing
The housing market plays a significant role in determining the cost of living in Pascagoula, MS.
- Housing Index: 90.0 / 100
- Median Home Price is: $163,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $848 per month
Analyzing the housing data for Pascagoula, MS, the overall housing index stands at 90.0, indicating a moderately priced market. With a median home price of 163000, prospective homeowners can find value, especially given that average rent for a 2BR apartment is 800 and a 2BR house is 848. This can signal a good opportunity for investment, as renting could be more expensive than purchasing. Additionally, consider local amenities, job growth, and schools, which can affect long-term living satisfaction and property value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pascagoula, 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 Pascagoula, 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 Pascagoula is a financially viable option for your relocation.