Cost of Living in Water valley, MS
Housing
The housing market plays a significant role in determining the cost of living in Water valley, MS.
- Housing Index: 90.0 / 100
- Median Home Price is: $124,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
Considering a move to Water valley, MS? The housing index of 90.0 suggests that the market is affordable compared to national averages, making it attractive for first-time homebuyers and renters alike. With a median home price of 124000 and average rent for a 2-bedroom apartment at 800, affordability is key. The slightly higher price for a 2-bedroom house at 850 might offer better space options for families. Evaluate your housing preferences carefully, as this location presents an opportunity for both rental and homeownership success.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Water valley, 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 Water valley, 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 Water valley is a financially viable option for your relocation.