Quick Answer
The cost of living in Biloxi, MS, is generally lower than the national average, particularly in housing and utilities, making it an attractive option for residents.
Who This Guide Is For
This guide is designed for individuals and families considering a move to Biloxi, MS, as well as current residents looking to better understand their living costs. Whether you are a young professional, a retiree, or a family with children, this guide offers insights into the financial aspects of living in Biloxi.
Neighborhoods Mentioned in This Guide
Biloxi is divided into several neighborhoods, each with its unique character and cost dynamics. In this guide, we will focus on the following neighborhoods:
- Downtown
- West Side
- South Side
- North Side
- East Side
Overview of Living Costs in Biloxi
Housing Costs
Housing is often the largest expense for residents, and Biloxi offers a range of options that cater to different budgets.
- Median Home Prices: As of recent data, the median home price in Biloxi is significantly lower than the national average, making homeownership more accessible. Prices can vary widely depending on the neighborhood.
- Renting: For those not ready to buy, rental prices are also affordable. The average rent for a one-bedroom apartment in Biloxi is lower than in many other coastal cities, providing good options for singles and couples.
- Neighborhood Variations:
- Downtown has higher rental prices due to its proximity to amenities.
- The North Side typically offers lower-priced housing, appealing to budget-conscious renters.
Utilities and Other Monthly Expenses
In addition to housing, residents should consider the costs of utilities and other monthly expenses.
- Utilities: On average, monthly utility bills (electricity, heating, cooling, water, and garbage) can range from $150 to $250, depending on usage and the size of the home.
- Internet and Cable: High-speed internet and cable services are available, with average monthly costs ranging from $60 to $150.
- Transportation: Biloxi's public transportation system is limited, so many residents rely on personal vehicles. Gas prices are generally in line with the national average, and car insurance can vary based on individual factors.
Food and Groceries
Grocery costs in Biloxi are manageable, with many options available for shopping.
- Grocery Prices: The cost of groceries in Biloxi is close to the national average, with prices for staples such as milk, bread, and eggs being reasonable.
- Dining Out: Dining options range from casual eateries to more upscale restaurants. A meal at an inexpensive restaurant averages around $15, while a three-course meal for two at a mid-range restaurant can cost around $50.
Healthcare and Insurance
Healthcare costs are another important consideration for residents.
- Health Insurance: The cost of health insurance can vary widely based on coverage levels and provider choices. On average, residents might pay around $300 to $500 per month for individual plans.
- Medical Expenses: Routine medical expenses, including visits to primary care doctors, are generally affordable compared to many larger cities in the U.S.
Neighborhood Breakdown
Downtown
Downtown Biloxi is a vibrant area with a mix of residential and commercial spaces.
- Housing: Higher rental prices due to demand, with apartments starting around $1,200 per month.
- Lifestyle: Offers easy access to restaurants, casinos, and entertainment, making it a lively area for young professionals.
West Side
The West Side is known for its family-friendly atmosphere and spacious homes.
- Housing: More affordable single-family homes, with prices typically ranging from $150,000 to $250,000.
- Community: Offers parks and schools, making it ideal for families.
South Side
The South Side features a mix of older homes and newer developments.
- Housing: Rental prices are moderate, with options starting around $900 for apartments.
- Environment: Close proximity to the beach, appealing for those who enjoy outdoor activities.
North Side
The North Side is a quieter area with a strong sense of community.
- Housing: Generally lower housing costs, with homes available for under $150,000.
- Lifestyle: A more suburban feel, appealing to those seeking peace and quiet.
East Side
The East Side offers a mix of residential and commercial properties with waterfront views.
- Housing: Prices can be higher due to proximity to the coast, with homes often starting around $250,000.
- Attractions: Offers access to recreational areas and cultural sites, making it appealing for active lifestyles.
Neighborhoods to Explore in Biloxi
- [living in Downtown](/ms/biloxi/neighborhoods/downtown)
- [family fit in West Side](/ms/biloxi/neighborhoods/west-side)
- [living in South Side](/ms/biloxi/neighborhoods/south-side)
- [living in North Side](/ms/biloxi/neighborhoods/north-side)
- [East Side neighborhood guide](/ms/biloxi/neighborhoods/east-side)
Related Guides for Biloxi
- [Best Neighborhoods in Biloxi for Families](/ms/biloxi/guides/family-friendly-neighborhoods-biloxi)
- [Hidden Costs of Living in Biloxi Nobody Talks About](/ms/biloxi/guides/hidden-costs-of-living-in-biloxi)
- [How Much Does It Cost to Live Comfortably in Biloxi?](/ms/biloxi/guides/how-much-cost-to-live-comfortably-in-biloxi)
- [Biloxi Cost of Living vs National Average](/ms/biloxi/guides/biloxi-cost-of-living-vs-national-average)
- [Moving to Biloxi](/ms/biloxi/guides/moving-to-biloxi-ms)
- [Is Biloxi Affordable? An Honest Cost Analysis](/ms/biloxi/guides/is-biloxi-affordable)
Helpful Biloxi Tools
- [Get your Biloxi CityFit Report](/ms/biloxi/cityfit-report)
- [Biloxi City Guide hub](/ms/biloxi)
- [All Biloxi guides](/ms/biloxi/guides)
- [Events in Biloxi](/ms/biloxi/events)
- [Moving to Biloxi](/ms/biloxi/move-in)
Frequently Asked Questions
What is the average cost of renting an apartment in Biloxi?
The average rent for a one-bedroom apartment in Biloxi is around $900 to $1,200, depending on the neighborhood. Prices can vary significantly based on location and amenities.
How do housing prices in Biloxi compare to the national average?
Housing prices in Biloxi are generally lower than the national average, making it an attractive option for homebuyers and renters alike. The median home price is significantly less than many coastal cities.
What are the average utility costs in Biloxi?
Monthly utility costs in Biloxi typically range from $150 to $250, depending on the size of the home and usage. This includes electricity, heating, cooling, water, and garbage.
Is grocery shopping expensive in Biloxi?
Grocery prices in Biloxi are close to the national average, making it relatively affordable to shop for food. Basic staples like milk, bread, and eggs are reasonably priced.
What is the cost of healthcare in Biloxi?
Healthcare costs in Biloxi vary, but residents might pay around $300 to $500 per month for individual health insurance. Routine medical expenses are generally lower compared to larger cities.
Are there public transportation options in Biloxi?
Biloxi has a limited public transportation system, so many residents rely on personal vehicles. However, there are some bus services available for local travel.
What is the cost of dining out in Biloxi?
Dining out in Biloxi can be quite affordable, with meals at inexpensive restaurants averaging around $15. A three-course meal for two at a mid-range restaurant typically costs about $50.
How does the cost of living in Biloxi compare to nearby cities?
Biloxi's cost of living is generally lower than that of nearby cities like Gulfport and Ocean Springs, making it a more attractive option for many residents.
What types of neighborhoods can I find in Biloxi?
Biloxi offers a variety of neighborhoods including Downtown, West Side, South Side, North Side, and East Side, each with its own unique character and living costs.
What is the average price of a home in Biloxi?
The average price of a home in Biloxi varies by neighborhood, but it generally ranges from $150,000 to $250,000, making it accessible for many homebuyers.