Housing costs in Renova?
A typical home costs
$122,600, which is 63.7% less expensive than the national average of
$338,100 and 21.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Renova costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 12.7% cheaper than the state average of
$890.
Can I afford Renova?
To live comfortably in Renova, Mississippi, a minimum annual income of
$23,400 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Renova?
The cost of living in Renova, MS is quite affordable. The median home value in the city is $80,000 which is much lower than the median home value for the state of Mississippi, which stands at $142,000. Additionally, the average monthly rent for a two-bedroom apartment in Renova is only $650, much lower than the national average of $1,000 per month. Other essential costs such as food and transportation are also relatively low compared to other cities in Mississippi and across the United States. All in all, living in Renova can be an economical choice for those looking for a place to live.