Housing costs in Arcola?
A typical home costs
$62,000, which is 81.7% less expensive than the national average of
$338,100 and 60.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Arcola costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 27.1% cheaper than the state average of
$890.
Can I afford Arcola?
To live comfortably in Arcola, Mississippi, a minimum annual income of
$11,880 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Arcola?
The cost of living in Arcola, MS is relatively low compared to the national average. The median home value is approximately $91,000 which is significantly lower than the national median of around $196,500. Furthermore, the median household income is around $34,000 and the average cost of groceries per month for a family of four is estimated at around $622. With an unemployment rate that hovers just over 4%, Arcola continues to be an attractive option for those looking for affordable living options.