Cost of Living in Durant, MS
Housing
The housing market plays a significant role in determining the cost of living in Durant, MS.
- Housing Index: 86 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1309 per month
- Average Rent (2 BR House): $1423 per month
Based on the data for Durant, MS, the housing market appears to offer significant affordability, highlighted by a median home price of 150000. However, with a housing index of 86, it suggests minimal activity or indicators driving prices upward. Additionally, the absence of rent data for 2-bedroom apartments and houses indicates either limited availability or an emerging market. It's essential to investigate local amenities and economic conditions before deciding to move. Note that despite low prices, the desirability of the area plays a crucial role in long-term investment value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Durant, 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 Durant, 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 Durant is a financially viable option for your relocation.