Housing costs in Collins?
A typical home costs
$115,200, which is 65.9% less expensive than the national average of
$338,100 and 25.8% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Collins costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and close to the state average of
$890.
Can I afford Collins?
To live comfortably in Collins, Mississippi, a minimum annual income of
$21,960 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Collins?
The cost of living in Collins, MS is relatively low. The median home price is just around $106,000, and the median household income is $31,945. The city has a low unemployment rate of just 4.6%, and the overall cost of goods and services is 8% lower than the national average. This makes Collins an attractive place for people looking to live comfortably without breaking the bank. Property taxes are also fairly low, making it easy for residents to stay within their budget.