Housing costs in Natchez?
A typical home costs
$116,200, which is 65.6% less expensive than the national average of
$338,100 and 25.2% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Natchez costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$890.
Can I afford Natchez?
To live comfortably in Natchez, Mississippi, a minimum annual income of
$22,320 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Natchez?
The cost of living in Natchez, MS is fairly low compared to other towns in the area. According to BestPlaces's Cost of Living Index, groceries in Natchez are about 18% lower than the national average. Other costs such as utilities and housing are similarly low, making Natchez an attractive place to live for those on a budget. The median home price is also relatively affordable at around $100,000 and most residents can find something suitable within their price range. Furthermore, with no state income tax and sales tax hovering around 7%, the overall cost of living in Natchez remains quite competitive when compared to other cities in Mississippi and beyond.