Cost of Living in Vicksburg, MS
Housing
The housing market plays a significant role in determining the cost of living in Vicksburg, MS.
- Housing Index: 85.0 / 100
- Median Home Price is: $150000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
When considering a move to Vicksburg, MS, the housing landscape appears reasonable with a housing index of 85.0. The median home price of 150000 offers an attractive entry point for buyers. For those looking to rent, the average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house averages 1360. These figures suggest that while renting is slightly higher, home buying could be a more affordable long-term option. Keep in mind that the cost of living and local amenities could also impact your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vicksburg, 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 Vicksburg, 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 Vicksburg is a financially viable option for your relocation.