Housing costs in Rena Lara?
A typical home costs
$112,300, which is 66.8% less expensive than the national average of
$338,100 and 27.7% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Rena Lara costs
$690 per month, which is 51.7% cheaper than the national average of
$1,430 and 29.0% cheaper than the state average of
$890.
Can I afford Rena Lara?
To live comfortably in Rena Lara (zip 38767), Mississippi, a minimum annual income of
$21,600 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Rena Lara?
The cost of living in 38767 Rena Lara, MS is quite reasonable. According to the latest data from the US Census Bureau, the median household income in this area is just over $35,000 and average housing costs are just over $71,000. This means that it can be an affordable place to live for people on a budget. The cost of groceries and other essentials is low compared to some areas in Mississippi, so residents can get more for their money. Taxes are lower than in many other parts of the state as well, making it a great place to take advantage of reduced financial burdens.