Housing costs in Indianola?
A typical home costs
$104,200, which is 69.2% less expensive than the national average of
$338,100 and 32.9% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Indianola costs
$670 per month, which is 24.7% cheaper than the national average of
$890 and 14.9% cheaper than the state average of
$770.
Can I afford Indianola?
To live comfortably in Indianola (zip 38751), Mississippi, a minimum annual income of
$19,800 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Indianola?
The cost of living in 38751 Indianola, MS is quite reasonable. The area has an average cost of living index score of 83.7, which is 17.3% lower than the national average. This makes it a great option for those looking to live comfortably without breaking the bank. The median home price in the area is $67,100 which is highly affordable compared to other areas in Mississippi and around the country. The median household income is slightly lower at $34,783 which reflects the low cost of living in this area. Property taxes are also relatively low, ranging from 0.52% to 1% depending on the location and property value, so residents can enjoy comfortable living with minimal expenses throughout the year.