Housing costs in Louin?
A typical home costs
$163,600, which is 51.6% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Louin costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 18.7% cheaper than the state average of
$890.
Can I afford Louin?
To live comfortably in Louin, Mississippi, a minimum annual income of
$31,320 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Louin?
The cost of living in Louin, MS is relatively low compared to other parts of the country. According to BestPlaces, the overall cost of living index in Louin is 88.25, which is lower than the U.S. average of 100. The biggest contributor to this lower cost of living is housing expenses; average rent for a one-bedroom apartment in Louin is around $554 per month while the national average rent for one bedroom apartments is around $940 per month. Additionally, grocery prices are also below the national average with food items costing around 10% less than what they would cost elsewhere in the country. Other aspects such as healthcare and transportation costs are also lower than the national averages. All these factors contribute to make Louin an affordable place to live and enjoy a comfortable lifestyle without breaking your budget.