Housing costs in Florence?
A typical home costs
$216,300, which is 36.0% less expensive than the national average of
$338,100 and 39.3% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Florence costs
$950 per month, which is 6.7% more than the national average of
$890 and 8.4% cheaper than the state average of
$1,030.
Can I afford Florence?
To live comfortably in Florence (zip 39073), Mississippi, a minimum annual income of
$41,400 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in 39073 Florence, MS is quite reasonable; the overall cost of living index is about 15% lower than the national average. Housing prices are generally lower than the rest of the state, which makes it a great place for those looking to buy or rent a home. Overall, groceries, healthcare and goods and services are all moderately priced in Florence, meaning that residents can enjoy a good quality of life without breaking the bank.