Housing costs in Lynchburg?
A typical home costs
$228,600, which is 32.4% less expensive than the national average of
$338,100 and 47.2% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Lynchburg costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 6.3% more than the state average of
$890.
Can I afford Lynchburg?
To live comfortably in Lynchburg, Mississippi, a minimum annual income of
$43,920 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lynchburg?
Lynchburg, MS is an affordable place to live with a very reasonable cost of living. According to BestPlaces, the cost of living index in Lynchburg is 66.28, which is significantly lower than the national average of 100. The city also boasts some of the lowest housing costs in the state, with a median price for rent far below other major cities. Additionally, groceries and transportation costs tend to be much lower than in other cities across the country as well. All in all, Lynchburg is a great option for those looking for an affordable place to live that offers plenty of amenities and low cost of living!