Housing costs in Meridian?
A typical home costs
$107,700, which is 68.1% less expensive than the national average of
$338,100 and 30.7% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Meridian costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 18.7% cheaper than the state average of
$890.
Can I afford Meridian?
To live comfortably in Meridian, Mississippi, a minimum annual income of
$20,520 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Meridian?
Meridian, MS is a relatively affordable city to live in. The cost of living in Meridian is 8% lower than the national average, making it easier for individuals and families to make ends meet. Housing costs are especially attractive, with median home prices at $130,400 which is about 25% lower than the U.S. average. Utilities are also below the national average, saving locals even more money on their monthly bills. Groceries are slightly higher than the U.S., but transportation and healthcare cost less than average. All in all, Meridian offers an excellent quality of life for a reasonable price tag.