Housing costs in Redwood?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Redwood costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 7.2% cheaper than the state average of
$890.
Can I afford Redwood?
To live comfortably in Redwood, Mississippi, a minimum annual income of
$29,520 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Redwood?
The cost of living in Redwood, MS is significantly lower than the US average of 100. The median value of a house in Redwood, MS is much lower than the US average of $338,100. This means that residents of Redwood are able to benefit from more affordable living costs. With the money they save on housing costs, people in Redwood have more disposable income to spend on other expenses such as groceries, entertainment, transportation, and other necessities. For those looking for a more affordable place to live with plenty of amenities nearby, Redwood may be a great option.