Housing costs in Farrell?
A typical home costs
$62,600, which is 81.5% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Farrell costs
$610 per month, which is 57.3% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$890.
Can I afford Farrell?
To live comfortably in Farrell, Mississippi, a minimum annual income of
$11,880 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Farrell?
The cost of living in Farrell, MS is quite affordable compared to other places in the region. This small town has a median home value of $46,400 and the average rent for a two-bedroom apartment is around $565 per month, making it an ideal choice for those on a tight budget. Property taxes are also relatively low, making this an attractive option for those wanting to own their own home or rent with relative affordability. Overall, Farrell offers affordable amenities and services that make it an ideal destination for those looking to take advantage of lower living costs.