Housing costs in Nicholson?
A typical home costs
$102,800, which is 69.6% less expensive than the national average of
$338,100 and 33.8% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Nicholson costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 8.5% cheaper than the state average of
$890.
Can I afford Nicholson?
To live comfortably in Nicholson, Mississippi, a minimum annual income of
$19,800 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Nicholson?
In Nicholson, MS, the cost of living is relatively affordable compared to other cities in the United States. The average home price in Nicholson is just $86,000 making it an attractive location for those looking for an affordable place to call home. Additionally, the median household income is quite low in this small town with most people earning an average of $26,000 per year. Despite this, the cost of goods and services is much lower than larger cities meaning living expenses are more manageable. In all, Nicholson offers a great quality of life for those willing to live simply and on a budget.