Housing costs in Meridian?
A typical home costs
$73,300, which is 78.3% less expensive than the national average of
$338,100 and 52.8% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Meridian costs
$740 per month, which is 16.9% cheaper than the national average of
$890 and 8.1% cheaper than the state average of
$800.
Can I afford Meridian?
To live comfortably in Meridian (zip 39307), Mississippi, a minimum annual income of
$14,040 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Meridian?
The cost of living in 39307 Meridian, MS is quite low compared to other parts of the country. The median home value is around $84,100, with a range of prices from around $60,000 to over $160,000. Renting a one bedroom apartment in Meridian will cost an average of $600 per month. Utilities are also quite affordable with the average monthly electric bill running just over $110 and an average water bill at $30 per month. Grocery costs are also reasonable with basic items ranging from about $2 for a gallon of milk to around $6 for a pound of bacon. In all, living in 39307 Meridian, MS can be done relatively inexpensively when compared to other places in the United States.