Housing costs in Water Valley?
A typical home costs
$126,300, which is 62.6% less expensive than the national average of
$338,100 and 18.7% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Water Valley costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 25.4% cheaper than the state average of
$890.
Can I afford Water Valley?
To live comfortably in Water Valley, Mississippi, a minimum annual income of
$24,120 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Water Valley?
The cost of living in Water Valley, MS is significantly lower than the national average. According to the Council for Community and Economic Research, the overall cost of living index in Water Valley is 79.1, which is 21.9% lower than the US average. This means that all goods and services such as groceries, healthcare, housing, transportation and utilities are significantly more affordable when compared to other cities. Additionally, property taxes are also quite low in Water Valley making it a great place for those looking to purchase their own home or land.