Cost of Living in Clarksdale, MS
Housing
The housing market plays a significant role in determining the cost of living in Clarksdale, MS.
- Housing Index: 86 / 100
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): $1309 per month
- Average Rent (2 BR House): $1423 per month
Considering relocating to Clarksdale, MS? With a housing index of 86, the area presents a more affordable living option compared to many urban centers. The median home price stands at 120000, offering a lower barrier to homeownership. Additionally, renting a 2-bedroom apartment averages at 1309, while a house rents for 1423. This suggests favorable conditions for long-term investment or renting. Remember, the overall cost of living and community amenities should also factor into your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clarksdale, 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.): $207 per month
Living in Clarksdale, 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 $207 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 Clarksdale is a financially viable option for your relocation.