Housing costs in Water Valley?
A typical home costs
$131,300, which is 61.2% less expensive than the national average of
$338,100 and 15.5% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Water Valley costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$890.
Can I afford Water Valley?
To live comfortably in Water Valley (zip 38965), Mississippi, a minimum annual income of
$25,200 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Water Valley?
The cost of living in 38965 Water Valley, MS is relatively low compared to other places in the United States. The median home value for this area is only $84,400, which is far lower than the national average of $231,000. Additionally, the median rent price is about $805 per month, which is slightly less than the national average. The overall cost of living index in this area is 81.2 out of 100, which suggests that it's much cheaper to live in this vicinity than most areas throughout the country.