The housing market plays a significant role in determining the cost of living in Winona, MS.
In considering a move to Winona, MS, it's essential to analyze the demographic and economic data. With a population of and a median age of , the community has a youthful vibe. However, the median income of suggests that financial opportunities may be limited, supported by a poverty level of and a 3.6% unemployment rate. While 21% of families are married, indicating some stability, potential residents should weigh these factors carefully against their priorities and financial goals before making a decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winona, MS.
Living in Winona, 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 0.0 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 Winona, MS, consider the following factors: