Cost of Living: Waxahachie, TX vs Iuka, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waxahachie | Iuka |
|---|---|---|
| Housing Index | 85.0 | 86 |
| Median Home Price | $340,000 | $115,000 |
| Average Rent (2 BR Apartment) | $1688 | $1309 |
| Average Rent (2 BR House) | $1835 | $1423 |
Housing Comparison: Waxahachie vs Iuka
- In Waxahachie, the median home price is higher at $340,000, while in Iuka it is $115,000.
- Renting a two-bedroom apartment costs more in Waxahachie at $1,688 than in Iuka at $1,309.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waxahachie | Iuka |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $200 | $207 |
Utilities Comparison: Waxahachie vs Iuka
- Electricity costs are higher in Waxahachie at $14.47 per kWh, compared to $13.42 in Iuka.
- Natural gas is more expensive in Waxahachie at $26.29 per unit, while it is cheaper at $22.19 in Iuka.
- Iuka has higher utility expenses, averaging $207, while Waxahachie averages $200.