Housing costs in Baldwyn?
A typical home costs
$124,100, which is 63.3% less expensive than the national average of
$338,100 and 20.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Baldwyn costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 3.5% cheaper than the state average of
$890.
Can I afford Baldwyn?
To live comfortably in Baldwyn, Mississippi, a minimum annual income of
$23,760 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Baldwyn?
The cost of living in Baldwyn, MS is relatively low compared to many other areas in the United States. According to the Cost of Living Index, the city ranks at an 81.3, which is slightly lower than the national average of 100. This low cost of living is due to lower housing costs, as the median home price in Baldwyn is around $82,000. In addition, groceries and transportation costs are also quite affordable for residents. The cost of utilities is also very reasonable; electricity and gas prices are some of the lowest in Mississippi. All these factors make it possible for people to afford a comfortable lifestyle while living in Baldwyn.