Housing costs in Redwood?
A typical home costs
$171,200, which is 49.4% less expensive than the national average of
$338,100 and 10.2% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Redwood costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 6.0% cheaper than the state average of
$890.
Can I afford Redwood?
To live comfortably in Redwood (zip 39156), Mississippi, a minimum annual income of
$32,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Redwood?
The cost of living in 39156 Redwood, MS is relatively low compared to larger cities in the United States. The average home price for a house in the area is about $100,000 and rent prices start around $700 per month. Groceries are also inexpensive, with most people being able to get all their groceries for about $50-$60 a week. Overall, Redwood is an affordable place to live that offers great value for your money.