Housing costs in Greenwood?
A typical home costs
$211,000, which is 37.6% less expensive than the national average of
$338,100 and 14.2% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Greenwood costs
$830 per month, which is 17.0% cheaper than the national average of
$1,000 and 21.7% cheaper than the state average of
$1,010.
Can I afford Greenwood?
To live comfortably in Greenwood (zip 71033), Louisiana, a minimum annual income of
$40,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in 71033 Greenwood, LA is quite reasonable compared to other parts of the country. The median household income in this area is around $42,000 and the median home value is around $112,000. This means that even with above average cost of housing, people still have a comfortable life. Groceries and utilities are also affordable, making it an appealing place to settle down. Overall, the cost of living in 71033 Greenwood, LA is low enough to make life easy on the wallet without sacrificing quality of life.