Housing costs in Coldwater?
A typical home costs
$181,600, which is 46.3% less expensive than the national average of
$338,100 and 16.9% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Coldwater costs
$840 per month, which is 5.6% cheaper than the national average of
$890 and 21.4% cheaper than the state average of
$1,020.
Can I afford Coldwater?
To live comfortably in Coldwater (zip 38618), Mississippi, a minimum annual income of
$34,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Coldwater?
The cost of living in 38618 Coldwater, MS is relatively low compared to other parts of the country. The median home price is around $115,000 and the median household income is $73,734. This means that residents can enjoy a comfortable lifestyle with access to amenities for an affordable price. Groceries, transportation and utilities are all reasonably priced, making it easy for locals to make ends meet. Renters also benefit from this inexpensive cost of living, as the average rent for a 2-bedroom apartment in Coldwater is $830 per month.