Housing costs in Shannon?
A typical home costs
$133,600, which is 60.5% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Shannon costs
$880 per month, which is 1.1% cheaper than the national average of
$890 and 5.7% more than the state average of
$830.
Can I afford Shannon?
To live comfortably in Shannon (zip 38868), Mississippi, a minimum annual income of
$25,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Shannon?
The cost of living in 38868 Shannon, MS is relatively low compared to the national average. The median home price in 38868 is $98,000, while the median rent is only $664. For those looking to buy a home or rent an apartment, 38868 Shannon offers excellent value for money. Utility costs are also quite reasonable; electricity and water rates are lower than the national average. Additionally, many everyday expenses such as groceries and meals out are relatively inexpensive given the area's low population density. Overall, living in 38868 Shannon can be a great choice for those seeking an affordable place to call home.