Housing costs in Okolona?
A typical home costs
$84,700, which is 74.9% less expensive than the national average of
$338,100 and 45.5% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Okolona costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 32.8% cheaper than the state average of
$890.
Can I afford Okolona?
To live comfortably in Okolona, Mississippi, a minimum annual income of
$16,200 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Okolona?
The cost of living in Okolona, MS is relatively low compared to other areas of the country. The overall cost of housing in Okolona is 8% lower than the national average, with a median home value of $73,400. Grocery costs are also relatively low, coming in at 5% below the national average. Utilities are slightly higher than the norm, but still considered reasonable. Other everyday expenses such as transportation and healthcare are also very affordable in Okolona. All things considered, residents of Okolona can enjoy a comfortable lifestyle while saving money each month on their expenses.