Housing costs in University?
A typical home costs
$265,700, which is 21.4% less expensive than the national average of
$338,100 and 71.1% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in University 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 University?
To live comfortably in University, Mississippi, a minimum annual income of
$50,760 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about University?
The cost of living in University, MS is comparatively low when compared to the national average. The median home value in University, MS is $76,300, which is substantially lower than the national median home value of $193,500. Rent prices remain below average at a median price of $725 per month for a one-bedroom apartment and $845 for a two-bedroom. Groceries and other household items are comparably priced to the national average. Gasoline prices are on par with the national average as well. All in all, life in University is reasonably affordable for most residents.