Housing costs in Georgetown?
A typical home costs
$82,400, which is 75.6% less expensive than the national average of
$338,100 and 46.9% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Georgetown costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 8.5% cheaper than the state average of
$890.
Can I afford Georgetown?
To live comfortably in Georgetown, Mississippi, a minimum annual income of
$15,840 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Georgetown?
Georgetown, MS is known for being a reasonably affordable place to live, with the cost of living coming in at 8% lower than the national average. Housing prices are particularly lower than the U.S. average, making Georgetown an attractive choice for those looking to purchase a home or rent an apartment in a budget-friendly area. Groceries and utilities are also generally cheaper, although the cost of transportation and goods is slightly higher than the national average. All in all, Georgetown is an excellent option for people looking to save money while living comfortably in a small town setting.