Housing costs in Algoma?
A typical home costs
$174,900, which is 48.3% less expensive than the national average of
$338,100 and 12.6% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Algoma costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 14.1% cheaper than the state average of
$890.
Can I afford Algoma?
To live comfortably in Algoma, Mississippi, a minimum annual income of
$33,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Algoma?
The cost of living in Algoma, MS is relatively low compared to other regions of the country. The median home price is just over $100,000, which is lower than the national average. Additionally, utilities and groceries are also relatively inexpensive. With all these factors combined, residents of Algoma can enjoy a comfortable lifestyle without having to break the bank.