Housing costs in Latimer?
A typical home costs
$157,000, which is 53.6% less expensive than the national average of
$338,100 and 1.1% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Latimer costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 8.2% more than the state average of
$890.
Can I afford Latimer?
To live comfortably in Latimer, Mississippi, a minimum annual income of
$30,240 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Latimer?
The cost of living in Latimer, MS is relatively low compared to other areas in the region. The average home price is often much lower than surrounding cities, and the cost of renting is also reasonable. Groceries and other basic necessities are reasonably priced, allowing many people to live comfortably on a budget. In addition, taxes are generally lower than most places due to the smaller population size and lack of large businesses. Despite its small size, Latimer still offers plenty of amenities to its residents, such as parks, stores, restaurants, and entertainment venues. Overall, living in Latimer can be an affordable option for many looking for a comfortable place to call home.