Housing costs in New Hamilton?
A typical home costs
$188,100, which is 44.4% less expensive than the national average of
$338,100 and 21.1% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in New Hamilton 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 New Hamilton?
To live comfortably in New Hamilton, Mississippi, a minimum annual income of
$36,000 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Hamilton?
The cost of living in New Hamilton, MS is quite affordable compared to other cities in the region. The median home value is around $120,000, making it an attractive option for those looking to purchase a home. Property taxes are also relatively low at 1%, making it more appealing for potential homeowners. Additionally, the overall cost of living is estimated to be 12% lower than the national average, offering citizens even more savings potential on day-to-day expenses. For those looking to relocate to an area with a low cost of living, New Hamilton is definitely worth considering.