Housing costs in Indianola?
A typical home costs
$102,200, which is 69.8% less expensive than the national average of
$338,100 and 34.2% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Indianola costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 27.1% cheaper than the state average of
$890.
Can I afford Indianola?
To live comfortably in Indianola, Mississippi, a minimum annual income of
$19,440 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Indianola?
The cost of living in Indianola, MS is generally quite affordable. The median home value is $58,600 and the median annual household income is $22,280. Groceries cost about 10% less than the national average, and overall housing costs are approximately 26% lower than the national average. Utility costs in Indianola are also quite low, with electricity costing about 17% less than the national average. Finally, gas prices tend to be around 13% lower than the national average in Indianola. All of these factors make it a great place to live for people looking for an affordable place to call home.