Housing costs in Greenwood?
A typical home costs
$87,500, which is 74.1% less expensive than the national average of
$338,100 and 43.7% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Greenwood costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 25.4% cheaper than the state average of
$890.
Can I afford Greenwood?
To live comfortably in Greenwood, Mississippi, a minimum annual income of
$16,920 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in Greenwood, MS is relatively low compared to other cities in the state. According to research done by BestPlaces, the cost of living index is 81.17, 23% lower than the US average. This means that rental costs, groceries, and general expenses are all much more affordable in Greenwood than elsewhere in Mississippi. Additionally, many people enjoy a strong sense of community and connection with their neighbors here in Greenwood. With its low cost of living and strong sense of community, Greenwood is an attractive place for those looking for a more affordable lifestyle.