Housing costs in Collinsville?
A typical home costs
$188,000, which is 44.4% less expensive than the national average of
$338,100 and 21.1% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Collinsville costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 14.4% more than the state average of
$890.
Can I afford Collinsville?
To live comfortably in Collinsville, Mississippi, a minimum annual income of
$36,000 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Collinsville?
Collinsville, MS is a great place to live for anyone looking for an affordable cost of living. The overall cost of living in Collinsville is 13 percent lower than the average across the United States, making it a smart choice for those trying to save on essential expenses like housing and transportation. According to BestPlaces, food prices in Collinsville are 18 percent lower than the U.S. average, while healthcare costs are 11 percent lower. Utilities such as electricity and water are also relatively inexpensive at 8 percent less expensive than the national average. Additionally, rent in Collinsville is incredibly reasonable with an average rent of just $608 per month compared to the national average of $1,000 or more per month in other cities across the country. All these factors combine make Collinsville an excellent place to live with an extremely low cost of living.