Mississippi Utilities is a public utility in Mississippi. The average monthly cost of utilities for a 915 square-foot apartment, including electricity, heating, cooling, water, and garbage, is broken down by Mississippi’s major cities: Jackson pays $265.67 each month. Monthly rent in Oxford is $159.00. Monthly rent in Biloxi is $140.10.
In Jackson, Mississippi, how much does a typical electric bill cost?
Essentials and Utilities The average electric bill each month is roughly $122. During a substantial portion of the year, extreme heat and humidity result in quite high average monthly electricity expenses. Most residents have at least two Internet service alternatives within the city borders.
How much does a typical water bill cost?
The average American family uses 300 gallons of water per day, according to the Environmental Protection Agency (EPA).
16 That’s enough water to fill a six-person hot tub, to put it in context.
Water costs are also on the rise. In fact, between 2010 and 2015, it increased by 41%, with sewage charges and taxes increasing even more substantially. 17 Since 2015, the rate of increase has moderated, although prices have continued to rise.
How much does an average electric bill in Mississippi cost?
In Mississippi, the typical family pays $10.97 per kWh (as of September 2019).
As a result, the average monthly electricity bill in Mississippi is around $131.97.
Average Commercial Electricity Bill in Mississippi:
In Mississippi, the average business property pays $10.18 per kWh (as of September 2019).
As a result, the average monthly business property power bill in Mississippi is around $520.40.
When you rent an apartment, what bills do you have to pay?
Utility bills, often known as utility expenses, are a broad phrase that refers to the various services and goods that make up a property’s operating costs, allowing you to live comfortably. Gas, electricity, water, home landline, broadband, and council tax are common examples. Security systems, trash collection, and sewer waste are all examples of utility costs in some locations. The majority of these service expenses will be borne by and paid by every household in the United Kingdom.
What is the cheapest city in Mississippi to live in?
Clarksdale is Mississippi’s most affordable city. It is the cradle of blues and rock ‘n’ roll, so you won’t have to travel far to enjoy a variety of musical sounds. Clarksdale, in fact, has live music seven nights a week. Locals frequent Red’s Lounge and Ground Zero Blues Club, two popular hangouts. You may enjoy arts, culture, restaurants, boutiques, and more in the vibrant historic downtown!
Is it costly to live in Jackson, Mississippi?
Jackson’s housing costs are 24 percent cheaper than the national average, while utilities costs are 4% higher. The cost of transportation, such as bus fares and gas, is 13% less than the national average. The cost of groceries in Jackson is 11% less than the national average.
Mississippi
Mississippi has the most affordable cost of living in the country. Expenses are roughly 17% lower than the national average, with a cost of living index of 83.3. Mississippi has the lowest housing costs in the country. A single-family home costs $140,818 on average. The average monthly rent for a two-bedroom apartment is $777. Transportation prices are among the most affordable in the country.
Mississippi’s minimum salary for a family of four is $80,523. A family of four, on the other hand, has a median income of $70,656. Because of the disparity between needs and wages, Mississippi has the nation’s highest poverty rate, with 20% of residents living in poverty. Mississippi has routinely regarded as one of the worst states to live in, owing primarily to economic issues.
Kansas
Kansas has the country’s second-lowest cost of living. Housing costs are 28 percent cheaper than the national average, making it the country’s third-lowest. In Kansas, the average single-family home costs $176,898. The average monthly rent for a two-bedroom apartment is $862. The cost of groceries and transportation is also less than the national average.
For a family of four, the living wage in Kansas is $89,353 per year. A family of four has a median income of $92,980. Kansas has one of the lowest unemployment rates in the country and a poverty rate that is somewhat lower than the national average. 2.5 percent of the total
Alabama
With an index of 87.9, Alabama has the third-lowest cost of living in the US. After Mississippi, Alabama has the second-lowest home prices. In Alabama, the average single-family home costs $170,184, while a two-bedroom apartment costs $807 a month. While the cost of electricity and groceries is comparable to the national average, the cost of health care and transportation in Alabama is among the lowest in the country.
Alabama’s living wage for a family of four is $80,777, which is slightly less than the state’s median income of $80,845. Alabama has a high poverty rate, with 15.6 percent of residents living on or near the poverty level.
Oklahoma
Oklahoma has the fourth lowest cost of living in the United States, with a cost of living index of 87.9. Oklahoma has the sixth lowest housing costs in the US, with prices 25 percent lower than the national average. The average single-family home costs $150,754, while a two-bedroom apartment costs $814 a month to rent. Groceries and healthcare are also among the most affordable in the country.
Salaries are low in comparison to the expense of living.
Oklahoma’s median annual income for a household of four is $78,458. The livable wage for the same family, however, is $86,333. Oklahoma has one of the highest poverty rates in the United States. A quarter of the population lives on or around the poverty line. The state’s poverty rate for children is around 20%. Oklahoma has also routinely ranked as one of the worst places to live in the United States.
Georgia
Georgia has the fifth-lowest living costs in the country. Georgia has the fourth lowest housing costs in the country, with prices that are 25% lower than the national average. Over 40% of inhabitants can buy a new home, making it one of the most affordable cities in the country. Georgia has some of the lowest transportation prices in the country.
Georgia has the lowest minimum wage in the country, at $5.15 per hour. Salaries, on the other hand, are typically sufficient to meet the costs of living in the state. In Georgia, the median annual income for a family of four is $91,161, whereas the same household would only require $85,101 to pay required expenses. Georgia has a lower unemployment rate than the rest of the country, at 3.2 percent.
Tennessee
Tennessee has the sixth-lowest cost of living in the USA. Tennessee’s pricing are 11 percent lower than the national average. The cost of housing is 21% less than the national average. A typical single-family home costs $231,682, while the average monthly rent for a two-bedroom apartment is $904. Tennessee has some of the lowest transportation and healthcare prices in the country. Utilities are also quite affordable, with the average home spending only $256.83 per month.
Tennessee’s median annual income for a family of four is $85,923, well above the $78,000 living wage. The state’s unemployment rate is 3.4 percent.
Missouri
The cost of living in Missouri is the ninth lowest in the country. Missouri housing is 20% less expensive than the national average. In the state, the average single-family home costs $194,226. The average rent for a two-bedroom apartment is $834 per month. The average monthly utility bill is $363.80. Missouri’s cost of living index is lower than the national average in every category, with particularly low health and transportation expenditures.
At $11.15 per hour, Missouri has one of the highest minimum wages in the country. A family of four earns $89,418 a year on average, while the living wage is $86,410.
Iowa
Iowa has the eighth-lowest cost of living in the US, with costs in every category below the national average. Iowa is the sixth cheapest housing in the US, with an index of 76. A single-family home costs $165,955 on average. The average monthly rent for a two-bedroom apartment is $808. The average household spends $336.24 per month on utilities.
In Iowa, a family of four may live comfortably on $95,199. In the meantime, the median household income is $95,199. Iowa has a lower poverty rate than the rest of the country. Iowa also has a lower unemployment rate than the rest of the country.
West Virginia
The cost of living in West Virginia is the tenth lowest in the US. Housing expenses are among the lowest in the country, while (Source: https://howmuch.net/sources/average-cost-of-health-insurance-by-state) health insurance costs are among the lowest in the country. The average cost of a single-family home is $117,768. The average monthly rent for a two-bedroom apartment is $727. Transportation and healthcare prices are among the most affordable in the country. However, due to low economic possibilities, poor educational performance, and infrastructure in need of repair, West Virginia is regarded as one of the worst places to live in.
In Virginia, a family of four can live on $86,704 per year. The median annual income, on the other hand, is merely $73,600. With 16 percent of its inhabitants living at or below the poverty level, West Virginia has the nation’s fourth highest poverty rate.
Indiana
Indiana has the tenth-lowest cost of living in the United States. All categories have lower average prices than the national average, and overall expenses are 10% lower than the national average. Indiana has the tenth cheapest housing costs in the US. The average cost of a single-family home is $185,805. A two-bedroom apartment costs $840 per month to rent. Utilities are slightly lower than the national average, while healthcare and transportation are among the most affordable in the country.
Indiana’s minimum salary for a family of four is $81,321. The average household income is $90,654.
Which state has the lowest cost of living?
The cost of living in certain states is substantially higher than in others, and covers all expenses that meet a person’s requirements, such as food, housing, healthcare, and transportation. Housing expenditures account for the biggest amount of the average household’s income, making them the most major driver of cost of living. The cost of life is substantially influenced by proximity to urban regions, with the highest expenses of living found in big metropolitan areas with the highest housing costs. The cost of living is also affected by factors such as proximity to resources, taxation, and transit alternatives.
The cost of living index is used by researchers, businesses, and governments to assess which states have the lowest cost of living. The cost of living index is a tool that compares the prices of basic necessities in various areas. The average cost of living in the country is the first stage in producing the index. This 100-point baseline is then used to compare expenses all throughout the country. Any value below 100 indicates a lower cost of living than the national average. The lower the index, the higher the value of the dollar.
The states with the lowest cost of living are primarily located in the South and Midwest. The Northeast, Pacific Coast, and non-contiguous states are the most expensive places to reside.
What is the average cost of food in Mississippi?
Another daily item that has a big impact on an area’s overall cost of living is food. The cost of food varies from state to state, according to data from the United States Department of Agriculture.
A single adult in Mississippi spends an average of $3,202 on food each year, while a family of four spends $9,248. To put things in perspective, a single adult’s annual food expenditure is $3,240, while a family of four’s annual food cost is $9,354. These figures are based on a nutritionally appropriate diet obtained from a grocery shop and prepared at home.