Housing costs in Louisville?
A typical home costs
$131,800, which is 61.0% less expensive than the national average of
$338,100 and 15.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Louisville 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 Louisville?
To live comfortably in Louisville, Mississippi, a minimum annual income of
$25,200 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Louisville?
The cost of living in Louisville, MS is very affordable. The median household income is around $40,000, which is lower than the national average. Housing costs are also low, with the median home price being around $60,000. Property tax rates are among the lowest in Mississippi, and groceries are also quite inexpensive compared to other Southern states. Overall, Louisville’s cost of living makes it a great place to live for those looking for an affordable lifestyle.