Housing costs in Tupelo?
A typical home costs
$183,300, which is 45.8% less expensive than the national average of
$338,100 and 18.0% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Tupelo costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 2.3% cheaper than the state average of
$890.
Can I afford Tupelo?
To live comfortably in Tupelo, Mississippi, a minimum annual income of
$35,280 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Tupelo?
The cost of living in Tupelo, MS is quite affordable. According to BestPlaces, the city has an overall cost of living index of 78.14, which is lower than the national average. The city’s utilities costs are particularly low in comparison to other cities and states across the U.S., with electricity prices being nearly 20 percent lower than the average US electricity price. The average rent for a one-bedroom apartment is approximately $637 per month, which is slightly lower than the state's median rent rate. Grocery prices are also quite reasonable, with a weekly grocery bill for a family of four estimated at around $125. Thus, those considering relocating to Tupelo can rest assured that their money will go further here when compared to other US cities and states.