Housing costs in Inverness?
A typical home costs
$114,200, which is 66.2% less expensive than the national average of
$338,100 and 26.5% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Inverness costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 17.1% cheaper than the state average of
$890.
Can I afford Inverness?
To live comfortably in Inverness, Mississippi, a minimum annual income of
$21,960 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Inverness?
Inverness, MS has a very low cost of living. The average cost of housing for a two-bedroom apartment is around $700 per month and the median home value sits at just over $70,000, which is quite low compared to other areas. The overall cost of groceries and other necessities are also quite reasonable here. Job opportunities in the area are plentiful as well, so it's easy to find employment with decent wages. Overall, Inverness offers an affordable place to live for those looking to save money or enjoy a relaxed lifestyle.