Housing costs in Merigold?
A typical home costs
$108,500, which is 67.9% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Merigold costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 15.6% cheaper than the state average of
$890.
Can I afford Merigold?
To live comfortably in Merigold, Mississippi, a minimum annual income of
$20,880 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Merigold?
The cost of living in Merigold, MS is quite reasonable compared to many other places in the country. The average home price is around $110,000 and the median rent for a two-bedroom apartment is around $650 a month. While these numbers may not sound incredibly low, they are still much lower than the national averages. Additionally, utilities such as electricity and water are quite inexpensive in Merigold, often costing just a few hundred dollars per month for most households. Groceries and other consumer goods also tend to be cheaper here than in larger cities or metropolitan areas. All of these factors make living in Merigold an attractive option for those looking to save money on their everyday expenses.