Housing costs in Lauderdale?
A typical home costs
$145,000, which is 57.1% less expensive than the national average of
$338,100 and 6.6% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Lauderdale costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 12.7% cheaper than the state average of
$890.
Can I afford Lauderdale?
To live comfortably in Lauderdale, Mississippi, a minimum annual income of
$27,720 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lauderdale?
Living in Lauderdale, MS is quite affordable. The cost of living here is 7% below the national average and there are a variety of housing options available to meet all budgets. Property taxes are relatively low compared to other parts of the state, while utilities are also quite reasonable. Overall, Lauderdale offers an excellent quality of life at a very reasonable price. Residents have access to good schools, wide open spaces for outdoor recreation, and plenty of dining and entertainment options.