Housing costs in Hernando?
A typical home costs
$301,700, which is 10.8% less expensive than the national average of
$338,100 and 94.3% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Hernando costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 19.8% more than the state average of
$890.
Can I afford Hernando?
To live comfortably in Hernando, Mississippi, a minimum annual income of
$57,960 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Hernando?
The cost of living in Hernando, MS is quite affordable compared to other parts of the country. The median home price is roughly $180,000, and the overall cost of living index is just under 90 (the national average is 100). This means that housing costs are relatively low compared to other areas. Additionally, grocery and household costs are also lower than average. Taxes are also much lower in Hernando than in many parts of the US. All these factors make Hernando a great place for people looking for an affordable place to live.