Cost of Living in Saltillo, MS
Housing
The housing market plays a significant role in determining the cost of living in Saltillo, MS.
- Housing Index: 86 / 100
- Median Home Price is: $152,000
- Average Rent (2 BR Apartment): $1309 per month
- Average Rent (2 BR House): $1423 per month
Considering the housing market in Saltillo, MS, the housing index of 86 indicates a below-average affordability, making homeownership a feasible option for many. With a median home price of 152000, it can be an attractive place for those looking to invest versus renting. The average rent for a 2-bedroom apartment stands at 1309, while renting a 2-bedroom house is slightly higher at 1423. Potential movers should weigh the long-term benefits of purchasing property against rental expenses, especially if housing appreciation is anticipated.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Saltillo, 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 Saltillo, 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 Saltillo is a financially viable option for your relocation.