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Savings Goal Calculator

Saving for something special? Find out the monthly amount you should put aside to reach your financial milestone.

Let us know how much you want to save and your target date. We’ll do the math to show you your monthly savings.


How the Calculator Works

Our savings goal calculator helps you determine how much you need to save each month to reach your target. Just enter your savings goal, current balance, timeframe, and interest rate, and we’ll calculate the monthly contribution needed—factoring in compound interest—so you can stay on track.

• Saving goal amount: The total amount of money you want to save to achieve your goal.

• Current Savings Balance: The amount of money you already have saved toward your goal.

• When do you want to reach your savings goal?: The specific date or time frame by which you want to achieve your savings goal.

• Expected Interest Rate (%): The annual interest rate you expect to earn on your savings, based on the savings vehicle you choose (e.g., savings account, certificate of deposit, etc.).

• Monthly Savings Required: The amount of money you need to save each month to reach your savings goal by the specified date.

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Tips for Reaching Your Savings Goal

Once you know how much you need to save each month, these strategies can help you stay on track and reach your goal faster:

1. Automate Your Savings

Set up automatic savings by scheduling transfers from your checking account to your savings account each month. This ensures consistency and removes the temptation to spend the money elsewhere.

2. Adjust Your Budget

Look for areas where you can cut back on expenses, even temporarily, to free up more money for savings. Small adjustments, like dining out less or canceling unused subscriptions, can add up over time.

3. Take Advantage of High-Yield Savings Accounts

A high-yield savings account can help grow your savings faster with compound interest. Look for an account with a competitive rate to maximize your earnings.

4. Track Your Progress

Regularly check in on your savings using mobile banking to track your progress. If you’re falling behind, consider adjusting your budget or extending your timeline to stay on track.

5. Set Milestones and Celebrate Small Wins

Reaching smaller milestones along the way can help keep you motivated. Set checkpoints (e.g., saving 25%, 50%, 75% of your goal) and reward yourself in a budget-friendly way when you hit them.

Recommended: 8 Ways to Stay Motivated to Save Money

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*Example chart shows calculations based on a 5 year SoFi Personal Loan with a fixed rate of 14.90% APR, which is the rounded average median funded APR for SoFi Personal Loan borrowers who took out a loan with a 5 year term” from April 1 2023 – April 1 2024. Lowest rates are reserved for the most qualified borrowers. The ‘High-Interest Rate Credit-Card’ APR shown is the average credit card APR reported by Wallethub for Q1 2024 under their Good Credit category. The savings estimate also assumes that the borrower doesn’t take out any additional credit card debt during the same period. Both calculations assume 60 total monthly payments, no origination fee option selected and no pre-payment amounts.

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Mississippi: Best Affordable Places to Live


Best Affordable Places to Live in Mississippi in 2025

mississippi biloxi

On this page:

    By Bonnie Vengrow

    (Last Updated – 03/2025)

    With the birthplace of American music in its northern reaches, charming beach towns in the south, and natural beauty, a rich history, and warm hospitality in every corner, Mississippi has a lot to offer. But perhaps one of the state’s biggest draws is its affordability.

    Mississippi is typically the least expensive place to live. The cost of living is 13% lower than the national average, which means car fill-ups, grocery store runs, and utility bills cost less than they would elsewhere. Housing costs run 29% below what the average American pays, thanks in large part to an abundance of land, low property taxes, and low rents.

    This is all welcome news if you’re in search of an economical place to start a career, raise a family, or retire. Below, we take a closer look at some of the best places to live in Mississippi.

    Best Places to Live in Mississippi

    If affordability is a top priority — and you’re looking for warm weather, friendly people, and a slower pace of life — then living in Mississippi may just fit the bill. As you consider your options, think about whether you want to live in or near a major city, like Jackson; in a centrally located town, like Hattiesburg; or in a beach town in the south. Climate is another factor to keep in mind. The state is prone to hurricanes, especially along its coastline, and tornadoes also pose a risk.

    If you’re ready to put down roots, and are new to the homebuying process, a first-time homebuyer guide can be a good initial stop before you start shopping.


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    💡 Quick Tip: When house hunting, don’t forget to lock in your home mortgage loan rate so there are no surprises if your offer is accepted.

    Best Affordable Places to Live in Mississippi

    Some of the most expensive places to live in Mississippi are located outside of major cities. In fact, the two richest places in the state are the well-heeled suburbs of Madison, just north of the capital city of Jackson, and Pleasant Hill, just south of Memphis, Tennessee. If you’re on a budget, you may find you can get more bang for your housing buck in an exurb or rural area. To see how you can stretch your money even more, consider looking into first-time homebuyer programs in Mississippi.

    1. Yazoo City

    Yazoo City, Mississippi

    Photo credit: Flickr/Gerald McKibben , Creative Commons Attribution-NonCommercial 2.0
    Generic

    Often referred to as the “Gateway to the Delta,” Yazoo City is a 50-minute drive away from the hustle and bustle of Jackson and its pricey suburbs. In exchange for the extra distance, you’ll find a vibrant Main Street lined with shops and restaurants, an expansive wildlife refuge, and lower rent and housing prices.

    Population: 9,754

    Median Household Income: $28,722

    Cost of Living: 81% of U.S. average

    Median Rent Price: $899

    Home Price-to-Income Ratio: 2.37

    2. Greenville

    Greenville, Mississippi

    Photo credit: iStock/Geoff Eccles

    Less than 30 miles from the Arkansas border, and in the heart of the Delta, sits Greenville. Move to this city of almost 28,000 and prepare to stay busy with outdoor activities, music festivals, and entertainment at the two local casinos. And good news for those on a budget: Rent and home prices here are below the state’s average.

    Population: 27,644

    Median Household Income: $36,297

    Cost of Living: 82% of U.S. average

    Average Rent Price: $854

    Home Price-to-Income Ratio: 1.33

    3. Meridian

    Meridian, Mississippi

    Photo credit: iStock/DenisTangneyJr

    people. Though it’s a day trip to Jackson, Birmingham, New Orleans, and Memphis, this mid-sized city offers lots of reasons to stay in town. The 3,300-acre Bonita Lakes Park provides opportunities for fishing, hiking, and horseback riding, and restaurants, boutiques, and music venues line the vibrant downtown area.

    If you’re starting your home search and want to learn what type of home mortgage loan you might qualify for, consider weighing the pros and cons between mortgage prequalification vs. preapproval.

    Population: 33,531

    Median Household Income: $34,657

    Cost of Living: 79% of U.S. average

    Median Rent Price: $904

    Home Price-to-Income Ratio: 3.07

    Recommended: What to Know About Getting Preapproved for a Home Loan

    Best Places to Live in Mississippi for Families

    Looking to raise your crew in the Magnolia State? These five places deserve a spot on your short list.

    1. Petal

    Petal, Mississippi

    Photo credit: Wikimedia Commons/Beth Bunch , Creative Commons Attribution-ShareAlike 4.0 International

    Nicknamed “The Friendly City,” Petal has many qualities parents often seek, including well-rated public schools. Many of the households here have children, which could make finding playmates that much easier. There are also several city parks and playgrounds where kids can burn off steam, and sporting and cultural events to enjoy in neighboring Hattiesburg.

    Population: 11,103

    Median Household Income: $72,845

    Cost of Living: 80% of U.S. average

    Average Rent Price: $1,300

    Home Price-to-Income Ratio: 2.84

    2. Brandon

    Brandon, Mississippi

    Photo credit: Flickr/Jimmy Emerson, DVM , Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic

    This mid-size suburb of 25,000 is a 15-minute drive from Jackson, which makes it a popular choice for parents who work in the capital city and want a short commute home. Parents may also be drawn here by the schools and the fact that Brandon students often earn higher-than-average scores on standardized tests.

    Population: 25,719

    Median Household Income: $93,073

    Cost of Living: 87% of U.S. average

    Average Rent Price: $1,950

    Home Price-to-Income Ratio: 2.92

    3. Olive Branch

    Olive Branch, Mississippi

    Photo credit: Wikimedia Commons/Thomas R Machnitzki , Creative Commons Attribution 3.0 Unported

    Tucked away a mere 30 minutes south of Memphis, Olive Branch is an upscale, family-friendly community with growing job opportunities. Its schools, some of which are among the highest-ranking in the area, are also a draw for families.

    When you’re ready to start shopping for a home, consider visiting a home loan help center to learn more about mortgage options.

    Population: 47,029

    Median Household Income: $98,421

    Cost of Living: 87% of U.S. average

    Median Rent Price: $1,990

    Home Price-to-Income Ratio: 3.26

    💡 Quick Tip: Don’t have a lot of cash on hand for a down payment? The minimum down payment for an FHA mortgage loan is just 3.5%.

    Best Places to Live in Mississippi for Young Adults

    If you’re planning to start your post-collegiate life in Mississippi, you’ll probably want to zero in on areas with job opportunities, things to do, and other people your age. In that case, you may want to consider sticking to the suburbs of Jackson or college towns.

    1. Ridgeland

    Ridgeland, Mississippi

    Photo credit: iStock/Wirestock

    Upscale shopping? Vibrant nightlife? Easily accessible parks, bike paths, and trails? Close to a major city? When it comes to the amenities young adults want, Ridgeland checks the boxes. It also helps that this suburb of Jackson is on the younger side — the median age is 35.5.

    Population: 24,459

    Median Household Income: $63,470

    Cost of Living: 96% of U.S. average

    Average Rent Price: $1,810

    Home Price-to-Income Ratio: 4.10

    Recommended: What Are the Different Types of Home Mortgage?

    2. Flowood

    It’s easy to see why Flowood is one of the fastest-growing cities in Mississippi — and a smart choice for young professionals who want a little more space than they’d get in nearby Jackson. The median age of residents is 35.4, and many workers are employed in white-collar positions, reflected in the higher median household income. River Oaks Hospital and Blue Cross Blue Shield of Mississippi are among the top employers in town, or you could decide to make the 15-minute commute to Jackson for work.

    If home values are rising where you plan to buy, applying for a jumbo mortgage loan is one strategy to consider.

    Population: 10,675

    Median Household Income: $83,304

    Cost of Living: 91% of U.S. average

    Median Rent Price: $1,300

    Home Price-to-Income Ratio: 3.72

    3. Biloxi

    Biloxi, Mississippi

    Photo credit: iStock/Sean Pavone

    Whether you’re driving in from New Orleans or Mobile, Alabama, it’s nearly impossible to miss the signs for Biloxi. Or, more specifically, the signs for the casinos lining the city’s beachfront. In addition to gaming, restaurants, and entertainment, these establishments bring jobs (as does the other major employer in town, Keesler Air Force Base). When the workday is done, you can take in live music, enjoy fresh-from-the-Gulf seafood, or unwind with a peaceful stroll along the beach.

    Population: 48,235

    Median Household Income: $55,958

    Cost of Living: 85% of U.S. average

    Median Rent Price: $1,800

    Home Price-to-Income Ratio: 3.83

    Recommended: How to Qualify for a Mortgage: 9 Requirements

    Best Places to Live in Mississippi for Retirees

    When you’re retired, every bit of savings counts. And from a financial perspective, Mississippi is a budget-friendly place to spend your golden years. In fact, it tops the list of best states to retire for taxes. The Magnolia State doesn’t tax retirement income from Social Security, pensions, IRAs, and 401(k) plans, and it has one of the lowest costs of living in the country. Even the weather seems designed for the 65-and-up set, with hot summers, mild winters, and year-round sunshine. When you’re ready to retire in Mississippi, here are five spots to explore.

    1. Diamondhead

    Located an hour’s drive from New Orleans, and a few minutes away from the beach, Diamondhead offers residents a slower pace of life and easy access to modern conveniences. More than a quarter of its population is 65 or older, and many of the town’s amenities cater to retirees. This includes golf courses, a public pool, and a senior center.

    Population: 9,236

    Median Household Income: $86,208

    Cost of Living: 83% of U.S. average

    Median Rent Price: $1,500

    Home Price-to-Income Ratio: 2.78

    2. Tupelo

    Tupelo, Mississippi

    Photo credit: iStock/DenisTangneyJr

    Tupelo isn’t just the birthplace of Elvis Presley, it’s also a certified retirement community. This is no doubt welcome news to the members of the population aged 65 and older, who enjoy the area’s natural beauty, warm hospitality, and health care services, including an award-winning, 750-bed hospital.

    Population: 37,675

    Median Household Income: $66,314

    Cost of Living: 84% of U.S. average

    Median Rent Price: $1,300

    Home Price-to-Income Ratio: 2.78

    3. Meridian

    Meridian, Mississippi

    Photo credit: iStock/DenisTangneyJr

    Meridian can be another good place to retire. Spend your days wandering through its museums, discovering local artists and musicians in its Hall of Fame, or getting your steps in at one of the outdoor walking trails.

    Population: 33,551

    Median Household Income: $34,657

    Cost of Living: 79% of U.S. average

    Median Rent Price: $904

    Home Price-to-Income Ratio: 3.07

    Best Places to Live in Mississippi Near the Beach

    Sure, the soft white sands and emerald-green waters of Florida and Alabama are the stuff of postcards and Instagram posts. But consider leaving them to the throngs of sun worshippers and heading west to Mississippi’s beaches, which are usually less packed but no less beautiful. The 62-mile coastline is dotted with small and mid-sized towns, each with its own character and charm, and each chock-full of amenities.

    As with other beach areas, the closer you get to the water, the more you can expect to pay for a home. And depending on what flood zone it’s in, you may also end up paying more for flood insurance premiums. If you’re on a fixed income, like many retirees are, you may want to bring your search more inland. Here are five locations to consider calling home.

    Own your home and looking for ways to lower costs? A mortgage refinance may be worth exploring.

    1. Long Beach

    Long Beach, Mississippi

    Photo credit: Flickr/Barry Goble , Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic

    Ancient, graceful oak trees, sparkling-clean beaches, and a vibrant downtown are what awaits you in Long Beach. The area is a favorite among anglers, though seashell and sea glass collectors will have plenty to keep them busy on shore.

    Population: 16,991

    Median Household Income: $71,121

    Cost of Living: 82% of U.S. average

    Average Rent Price: $1,500

    Home Price-to-Income Ratio: 3.08

    2. Bay St. Louis

    Bay St. Louis, Mississippi

    Photo credit: iStock/Teresa Otto

    There’s magic in the air in Bay St. Louis. Maybe it’s from the wide-open beaches and gentle waves. Or the colorful art bursting from galleries and mom-and-pop restaurants. Or the fact that it’s perfectly acceptable to tool around town in a golf cart and flip flops. Whatever the reason, this gem of a town may soon no longer be one of the South’s best-kept secrets, thanks to a new train line connecting it to New Orleans and Mobile.

    Population: 10,511

    Median Household Income: $70,082

    Cost of Living: 87% of U.S. average

    Average Rent Price: $1,111

    Home Price-to-Income Ratio: 3.22

    3. Pascagoula

    Pascagoula, Mississippi

    Photo credit: iStock/halbergman

    On the eastern end of the Mississippi Gulf Coast, Pascagoula is steeped in natural beauty and rich history. Take a marsh tour and get up close and personal with the Pascagoula River. This natural estuary is home to various critters, including several endangered species, and more than 300 species of plants. Or take a step back in time by visiting the Round Island Lighthouse or the LaPointe-Krebs House and Museum (it’s the oldest structure in the state).

    Population: 21,582

    Median Household Income: $43,286

    Cost of Living: 78% of U.S. average

    Median Rent Price: $1,100

    Home Price-to-Income Ratio: 3.05


    The Takeaway

    Thinking about relocating to the Magnolia State? There are small towns, big cities, and affordable suburbs that may suit your budget, career goals, and lifestyle. While the cost of living by state can vary year to year, Mississippians generally find affordable prices on everyday expenses wherever in the state they choose to put down roots. From beachy towns to dynamic cities, you’re likely to find an affordable and enjoyable lifestyle in the state.

    Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.

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    FAQ

    Where is the cheapest suburb to live in Mississippi?

    If you want to live near a major city but get more bang for your housing buck, consider Brandon, which is a half-hour from Jackson, or Olive Branch, which is a similar distance from Memphis. Each has a cost of living that’s currently 87% of the national average.

    Where is the most affordable place to live in Mississippi?

    With a cost of living that’s less than 80% of the national average and average rents below $1,000, Meridian is among the most affordable places to live in Mississippi.

    How much money do you need to live comfortably in Mississippi?

    Mississippi typically ranks as the most affordable or second most affordable state in the U.S. How much you need to live comfortably, though, will depend on where you live, family size, your financial profile, and other factors.


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    Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.


    ¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.


    *SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.


    Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
    ‡Up to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

    Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

    HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

    SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.

    If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.

    Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.

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    Best Affordable Places to Live in North Dakota in 2025


    Best Affordable Places to Live in North Dakota in 2025

    north dakota valley city

    On this page:

      By Rebecca Lake

      (Last Updated – 03/2025)

      North Dakota is notable for its rugged but beautiful landscapes and the diverse wildlife that inhabits them. Tourists come to take in the unique scenery of the Badlands, while others choose to move here to take advantage of favorable income tax rates and a lower cost of living. With just under 800,000 residents, North Dakota is one of the smallest states by population. If you’re looking for wide open spaces and a slower pace, it could be an excellent choice for a move.

      Best Places to Live in North Dakota

      There are a number of cities that could be considered the best places in North Dakota to live for families, young professionals, retirees, and those who love the great outdoors. Fargo, for example, attracts a significant number of job seekers, while Bismarck is a haven for families thanks to its excellent amenities.

      Comparing the cost of living by state can make deciding where to move a little easier. We’ve rounded up the best places to live in North Dakota, using the Cost of Living Index as a guide.


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      💡 Quick Tip: SoFi’s Lock and Look + feature allows you to lock in a low mortgage financing rate for 90 days while you search for the perfect place to call home.

      Best Affordable Places to Live in North Dakota

      When deciding where to live, it helps to consider what you’ll pay for housing, food, transportation — all of the basic expenses of day-to-day living. These cities are among the most affordable places to live in North Dakota overall. Before you shop for a home, research tips on how to qualify for a mortgage so you know what to expect.

      1. Grafton

      Grafton is arguably one of the best places to live in North Dakota from a cost perspective. There’s always something fun to do here year-round, whether it’s ice skating at the local rinks in winter or hiking the scenic trails of Icelandic State Park in the spring and summer. The low price-to-income ratio could be considered the sweet spot for people who are looking to buy on a budget.

      Population: 4,128

      Median Household Income: $60,184

      Cost of Living: 71% of the U.S. average

      Average Rent Price: $1,025/month

      Home Price-to-Income Ratio: 2.7

      2. Jamestown

      Jamestown, North Dakota

      Photo credit: Flickr/Jasperdo, Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic

      Jamestown sits approximately halfway between Fargo and Bismarck, both of which are roughly a 90-minute drive in either direction. One of the things Jamestown is notable for, aside from being one of the most affordable cities in North Dakota, is its love of the buffalo. Here, you’ll find both the National Buffalo Museum and the World’s Largest Buffalo.

      Population: 15,691

      Median Household Income: $54,809

      Cost of Living: 86% of the U.S. average

      Average Rent Price: $899/month

      Home Price-to-Income Ratio: 3.5

      3. Valley City

      Valley City, North Dakota

      Photo credit: iStock/Christopher Cagney

      Valley City is about an hour’s drive from Fargo, which could make it appealing for people who don’t mind a longer commute. The cost of living is much less than the national average, and while the city is small, it doesn’t lack any of the basic amenities you’d expect to find. There are more than 30 parks in the city, including Medicine Wheel Park, which could be perfect if you like enjoying the fresh air.

      Population: 6,551

      Median Household Income: $56,471

      Cost of Living: 82% of the U.S. average

      Average Rent Price: $865/month

      Home Price-to-Income Ratio: 3.2

      Recommended: Mortgage Prequalification vs. Preapproval: The Differences

      Best Places to Live in North Dakota for Families

      Starting or raising a family may necessitate a move if you’re looking for an affordable city that offers a kid-friendly environment with lots of fun things to do. These North Dakota cities are some of the best places for families, but going through the mortgage preapproval process can give you a better idea of how much home you can truly afford.

      1. West Fargo

      West Fargo, North Dakota

      Photo credit: iStock/Aziz Shamuratov

      West Fargo is a suburb of Fargo and quite a few families live here, along with young professionals and retirees. Some of the best things about raising kids here include convenient access to education and the many different options you have for dining, shopping, and recreation. The Red River Zoo and Bonanzaville (a museum and village on the outskirts of West Fargo) are just two of the top attractions you might want to explore in the Fargo area.

      Population: 40,400

      Median Household Income: $96,877

      Cost of Living: 80% of the U.S. average

      Average Rent Price: $1,795/month

      Home Price-to-Income Ratio: 3.5

      2. Ellendale

      Ellendale, North Dakota

      Photo credit: Flickr/Andrew Filer , Creative Commons Attribution-ShareAlike 2.0 Generic

      Ellendale is about two-and-a-half hours by car from the state capital, Bismarck, and it could be suited to families who are interested in smaller-town living. Given its size, there aren’t quite as many amenities here as there are in other North Dakota cities on this list. But you might not mind if you’re looking for a quieter place to call home.

      Population: 946

      Median Household Income: $40,000

      Cost of Living: 71% of the U.S. average

      Average Rent Price: $1,200/month

      Home Price-to-Income Ratio: 3.8

      3. Horace

      Horace, North Dakota

      Photo credit: Flickr/Andrew Filer , Creative Commons Attribution-ShareAlike 2.0 Generic

      Horace is a smaller suburb of Fargo, and it’s only a 20-minute drive into the city, which could make it a good choice for planning a day trip with the kids or commuting to work. You’ll pay a little more to rent a home here, but overall the cost of living is still below the national average. Families appreciate the quality of the local school system and the close-knit feel.

      Population: 5,643

      Median Household Income: $145,801

      Cost of Living: 91% of the U.S. average

      Average Rent Price: $2,350/month

      Home Price-to-Income Ratio: 2.7

      💡 Quick Tip: If you refinance your mortgage and shorten your loan term, you could save a substantial amount in interest over the lifetime of the loan.

      Best Places to Live in North Dakota for Young Adults

      Solid job opportunities and affordable housing are likely to be on the must-have list for any young adult who’s looking for a new place to live. And for those thinking of buying a home, there are different types of mortgage loans that can help you reach that goal. These cities are the best places to live in North Dakota as a young person.

      1. Fargo

      Fargo, North Dakota

      Photo credit: iStock/DenisTangneyJr

      Fargo is the largest city in the Peace Garden State, and it’s a magnet for job-seekers as well as young adults who are interested in getting an education at North Dakota State University. The population has a median age of around 31, and most residents are single, childless, and hold at least one college degree. When you’re looking for something to do, you’ve got your choice of parks, local cafes and restaurants, shopping, and historical sites. You might assume renting or buying in Fargo would be expensive because it is one of the state’s larger cities, but that isn’t the case.

      Population: 133,188

      Median Household Income: $66,029

      Cost of Living: 86% of U.S. average

      Median Rent Price: $905/month

      Home Price-to-Income Ratio: 4.5

      2. Westgate

      Westgate is a neighborhood in Fargo where you’ll find plenty of younger professionals. The median age is 33 years old, and there are a significant number of childless singles, with a fairly even split between men and women. Nearly half of the population is college-educated, and most people work for private companies in white-collar jobs. On average, homeowners pay more for property taxes here, but you won’t need a jumbo mortgage loan to buy a property.

      Population: 4,656

      Median Household Income: $46,551

      Cost of Living: 86% of the U.S. average

      Median Rent Price: $781/month

      Home Price-to-Income Ratio: 4.3

      3. Osgood

      Osgood is one of Fargo’s newest suburban neighborhoods, with a small but rapidly growing population. The area is mostly populated by younger professionals, many of whom work for private companies and earn a higher median household income. In terms of housing, there’s a fairly even split between renters and homeowners here. North Dakota offers a first-time homebuyer program, which is a great incentive to consider owning a property versus renting one.

      Population: 7,524

      Median Household Income: $102,651

      Cost of Living: 86% of U.S. average

      Average Rent Price: $1,155/month

      Home Price-to-Income Ratio: 3.6

      Recommended: Home Loan Help Center

      Best Places to Live in North Dakota for Retirees

      North Dakota doesn’t tax Social Security retirement benefits, railroad retirement benefits, or military retirement benefits, which makes it a good place to live for retirees. However, beyond taxes, it’s important to consider other factors such as access to health care and the overall cost of living when deciding where to retire.

      1. Minot

      Minot, North Dakota

      Photo credit: iStock/jasony00

      Minot is a larger city of almost 50,000 residents, and it has some great things to offer retirees. For example, if you’re interested in going back to school, you might enroll in classes at Minot State University. Or if you want to get out and see the sights, you can visit one of the many museums or cultural attractions in the area. And there are plenty of doctors to choose from when you need routine or specialty care.

      Population: 47,373

      Median Household Income: $77,431

      Cost of Living: 81% of the U.S. average

      Average Rent Price: $845/month

      Home Price-to-Income Ratio: 3.3

      2. Grand Forks

      Grand Forks, North Dakota

      Photo credit: iStock/DenisTangneyJr

      Grand Forks lies about an hour north of Fargo, and it’s just next door to Grand Forks Air Force Base. The city has a relaxed feel, and even though it’s a larger metro area, there are plenty of spaces to enjoy the outdoors and breathe the fresh air. The University of North Dakota is located here if you’re interested in going to school in retirement, and there are a number of doctors in the area specializing in geriatric medicine.

      Population: 58,921

      Median Household Income: $63,838

      Cost of Living: 77% of the U.S. average

      Average Rent Price: $1,059/month

      Home Price-to-Income Ratio: 4.2

      3. Bismarck

      Bismarck, North Dakota

      Photo credit: iStock/powerofforever

      Bismarck sits adjacent to the Missouri River, and it’s one of North Dakota’s largest cities by population. The median age of residents is a bit younger, but there are plenty of retirees living in the city and its surrounding suburbs. Bismarck is known for its excellent health care system, which might be a mark in its favor for retirees with chronic or serious medical issues. There’s no shortage of things to do and see either. The local housing market shows a median list price in early 2025 of around $418,000.

      Population: 75,092

      Median Household Income: $77,608

      Cost of Living: 83% of the U.S. average

      Median Rent Price: $1,100/month

      Home Price-to-Income Ratio: 4.4

      💡 Quick Tip: If you refinance your mortgage and shorten your loan term, you could save a substantial amount in interest over the lifetime of the loan.

      Best Places to Live in North Dakota for Outdoor Fun

      North Dakota is an outdoor enthusiast’s dream, abounding in lakes, rivers, and grasslands. There are numerous national parks and historic sites scattered throughout the state where you can hike, bike, fish, and swim.

      1. Williston

      Williston, North Dakota

      Photo credit: Wikimedia Commons/
      Andrew Filer
      , Creative Commons Attribution-ShareAlike 2.0 Generic

      Williston is tucked away in the northwest corner of the state, not far from the Montana border. The area is suited for lots of outdoor activities, including bird watching, fishing, and even hunting if you’re so inclined. If you’re interested in getting on the water, you can go kayaking, paddleboarding, or canoeing at Lewis & Clark State Park.

      Population: 27,706

      Median Household Income: $84,309

      Cost of Living: 93% of the U.S. average

      Average Rent Price: $1,256/month

      Home Price-to-Income Ratio: 4.1

      2. Dickinson

      Dickinson, North Dakota

      Photo credit: iStock/Cavan Images

      Dickinson is next door to Theodore Roosevelt State Park and the Dakota Prairie Grasslands, where you’ll find some of the most impressive views around. There are trails for hiking, horseback riding, and mountain biking, along with opportunities for fishing, hunting, and canoeing. If you’re interested in whitewater rafting and don’t mind a drive, you can do that in nearby Bismarck.

      Population: 25,130

      Median Household Income: $76,964

      Cost of Living: 80% of the U.S. average

      Median Rent Price: $1,000/month

      Home Price-to-Income Ratio: 3.9

      3. Walhalla

      Walhalla lies along the Canadian border, and it’s the northernmost city to be featured on our list. One of the major attractions in the area is the Pembina Gorge State Recreation Area, which is a top destination for hiking, ATV riding, kayaking, and horseback riding. In winter, you can head to Frost Fire Park for skiing and snowboarding. A home affordability calculator can give you a better idea of what you can realistically spend if you’re hoping to buy.

      Population: 927

      Median Household Income: $30,774

      Cost of Living: 72% of the U.S. average

      Average Rent Price: $750/month

      Home Price-to-Income Ratio: 3.8


      The Takeaway

      North Dakota has something to offer for just about anyone, whether you’re starting a family, looking for a job, or are ready to enjoy your later years. All of the cities listed here, large or small, represent some of the best options for keeping costs to a minimum.

      Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.

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      FAQ

      Is North Dakota a good place to live 2025?

      North Dakota is a good place to live if you’re interested in a low cost of living and you enjoy the outdoors. There’s a good mix of both larger and smaller cities to choose from, with lots of wide open spaces in between.

      Where is the most affordable place to live in North Dakota?

      Jamestown is one of the most affordable places to live in North Dakota, based on its housing costs and overall cost of living. If you’re looking for a smaller city that’s also budget-friendly, you might consider Grafton instead.

      Where is the most desirable place to live in North Dakota?

      The most desirable place to live in North Dakota ultimately depends on what you need and want most. If you’re trying to find a job, then you might lean toward a larger city like Fargo. Ready to retire? Bismarck or Beulah could be a good pick.


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      Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

      HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

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      Louisiana: Best Affordable Places to Live


      Best Affordable Places to Live in Louisiana in 2025

      louisiana shreveport

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        By Bonnie Vengrow

        (Last Updated – 03/2025)

        Louisiana may be synonymous with Bourbon Street and Mardi Gras, but there’s so much more to the Bayou State than booze and beads. Everyday life here can seem like something straight out of a guidebook: streets of dramatic moss-covered oaks, sounds of live music around nearly every corner, Creole and Cajun cuisine you can’t get anywhere else, and a unique culture heavily shaped by African, French, and Spanish ancestry.

        It also helps that Louisiana is easier on the wallet compared to other states. The cost of living is 9% below the national average. Housing is 18% lower than the national average, and utilities are 16% lower. Basic expenses are slightly cheaper, too: Groceries are 5% lower than in the rest of the country, as is transportation. That’s good news for Louisianians, whose median household income is currently well below the nation’s ($60K vs. $78.5K).

        Whether you’re looking to relocate, raise a family, or relax during retirement, the state’s big cities and small towns may just fit the bill. Let’s take a look at the best places to live in Louisiana.

        Best Places to Live in Louisiana

        Finding the best place to live in Louisiana depends largely on your needs and wants. It’s important to consider where career opportunities are and whether you crave the nonstop activity of a city or prefer a slower pace of life, perhaps closer to the water.

        As you explore different areas, keep insurance premiums top of mind. Both homeowners and flood insurance rates have been rising in the state, making it more expensive to own a home. If you’re new to home buying and aren’t sure where to start, a first-time homebuyer guide can get you up to speed on the basics.


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        💡 Quick Tip: Buying a home shouldn’t be aggravating. SoFi’s online mortgage application is quick and simple, with dedicated Mortgage Loan Officers to guide you through the process.

        Best Affordable Places to Live in Louisiana

        Though there are expensive homes throughout the state, finding an affordable place to live is possible. The median home value in Louisiana is just under $200,000 — less than half the median across America. Plus, there are first-time homebuyer programs in Louisiana to help eligible residents break into the real estate market.

        1. Zachary

        If you have a big-city job and a small budget, consider driving 25 minutes north to the Baton Rouge suburb of Zachary. No stranger to best-of lists, this small, friendly town boasts well-kept parks and a calendar full of events, including festivals and the weekly farmers’ market. Parents may appreciate the fact that the schools receive high marks.

        Population: 19,968

        Median Household Income: $90,507

        Cost of Living: 91% of U.S. average

        Average Rent Price: $1,700

        Home Price-to-Income Ratio: 2.88

        2. Jennings

        Jennings is conveniently located on Interstate 10 and U.S. Highway 90, midway between Lafayette and Lake Charles. This charming small town has a decidedly French feel, thanks to Cajun roots that influence everything from the local restaurants to music venues and festivals. Jennings is also known as the “Cradle of Louisiana Oil,” since it’s home to the state’s first oil well, and the oil and gas industry still plays a major role in the local economy today.

        Population: 9,372

        Median Household Income: $45,194

        Cost of Living: 81.3% of U.S. average

        Average Rent Price: $775

        Home Price-to-Income Ratio: 2.69

        3. Bastrop

        Bastrop, Louisiana

        Photo credit: Flickr/J. Stephen Conn , Creative Commons Attribution-NonCommercial 2.0
        Generic

        You’d be hard-pressed to find a more affordable place in Louisiana than Bastrop. But don’t worry, the low cost of living doesn’t require sacrificing a high quality of life. In fact, this northeast town is known for its stunning architecture, abundance of outdoor activities, and easy way of life.

        Population: 8,989

        Median Household Income: $30,069

        Cost of Living: 75.4% of U.S. average

        Average Rent Price: $566

        Home Price-to-Income Ratio: 2.65

        Recommended: What to Know About Getting Preapproved for a Home Loan

        Best Places to Live in Louisiana for Families

        Eager to raise your children in the Bayou State? These five spots have a winning combination of well-regarded schools, lots of outdoor space, and plenty of ways to keep little ones entertained.

        1. Zachary

        Want to raise your crew away from the hustle and bustle of Baton Rouge? Consider Zachary. Located a short 25-minute drive from the capital city, this small town boasts well-maintained community parks and playgrounds. Parents may be drawn to its top-performing schools.

        As you start shopping for a home, what goes into qualifying for a home loan can be confusing. Help take out some of the mystery surrounding the process by reading up on tips to qualify for a mortgage.

        Population: 19,968

        Median Household Income: $90,507

        Cost of Living: 91% of U.S. average

        Average Rent Price: $1,534

        Home Price-to-Income Ratio: 2.88

        2. Jennings

        Families in Jennings don’t have to go far to find things to do — the town is full of kid-friendly activities. The playgrounds, walking track, and 10-acre fishing pond of the Louisiana Oil and Gas Park are popular attractions. On chilly or rainy days, you can take your crew to visit the baby alligators at Gator Chateau, soak in the world-class art collection in the Zigler Museum, or catch a live country music variety show at the Strand Theatre.

        Population: 9,372

        Median Household Income: $45,194

        Cost of Living: 81.3% of U.S. average

        Median Rent Price: $625

        Home Price-to-Income Ratio: 2.69

        3. Shreveport

        Shreveport, Louisiana

        Photo credit: iStock/Sean Pavone

        Far from New Orleans in both location and culture, Shreveport’s culture, food, and street names reflect its close proximity to Arkansas and Texas. While Little Rock and Dallas make for good day trips, you’d be forgiven for not wanting to leave this vibrant city. Known for its jazz and blues scene, diverse dining options, and important historical sites, Shreveport offers more than enough to keep families of all ages entertained.

        Population: 177,959

        Median Household Income: $48,465

        Cost of Living: 77,7% of U.S. average

        Average Rent Price: $1,000

        Home Price-to-Income Ratio: 2.67

        Recommended: Cost of Living by State

        Best Places to Live in Louisiana for Young Adults

        Louisiana has a little something for everyone, particularly young people just starting out. Whether you’re in a city, suburb, or small town, you’ll likely have fantastic food and nightlife options, and a mortgage or rent that won’t consume your budget. Bonus: The state skews young, with a median age of 38.7.

        1. Elmwood

        Maybe you want to be within easy driving distance of New Orleans, but far enough away to get more space and cheaper housing. If so, Elmwood might be the place for you.

        When you’re ready to get serious about home buying, a good place to start is learning about the different types of mortgage loans to make sure you get the one that fits your needs.

        Population: 5,649

        Median Household Income: $83,268

        Cost of Living: 97.5% of U.S. average

        Median Rent Price: $1,750

        Home Price-to-Income Ratio: 2.39

        2. Metairie

        Metairie, Louisiana

        Photo credit: iStock/Art Wager

        There was a time when Metairie was where city dwellers moved as they got older and started a family. But these days, the sprawling New Orleans suburb is attracting younger residents right off the bat with noteworthy restaurants, a revitalized lakefront area, and a convenient location.

        Population: 143,507

        Median Household Income: $73,256

        Cost of Living: 97.5% of U.S. average

        Average Rent Price: $1,700

        Home Price-to-Income Ratio: 3.75

        3. Lafayette

        Lafayette, Louisiana

        Photo credit: iStock/DenisTangneyJr

        When most people picture the graceful oaks, spicy food, and upbeat music of Cajun Country, Lafayette often comes to mind. But this unique city isn’t just the stuff of travel books, it’s also a good place for young adults to call home. The University of Louisiana at Lafayette is in the center of town, and graduates often decide to stay and work here. Not surprisingly, Lafayette residents are on the younger side — the median age is 37.3 — and three quarters of households don’t have children.

        Population: 121,467

        Median Household Income: $61,454

        Cost of Living: 90.2% of U.S. average

        Average Rent Price: $1,395

        Home Price-to-Income Ratio: 3.49

        💡 Quick Tip: Backed by the Federal Housing Administration (FHA), FHA loans provide those with a fair credit score the opportunity to buy a home. They’re a great option for first-time homebuyers.

        Best Places to Live in Louisiana for Retirees

        Thanks to its warm climate, decadent food, and friendly people, Louisiana is a popular spot to retire. In fact, the state has one of the largest retirement populations in the country, with almost a quarter of the population over the age of 65. The tax situation is also appealing for those on a fixed income. Louisiana doesn’t tax Social Security benefits, federal retirement benefits, or several state retirement benefits. As you consider where in Louisiana to spend your golden years, keep these places in mind.

        1. Bastrop

        Bastrop, Louisiana

        Photo credit: Flickr/J. Stephen Conn , Creative Commons Attribution-NonCommercial 2.0
        Generic

        Retiring doesn’t have to mean slowing down, especially if you decide to settle in Bastrop. This bucolic town is known for its outdoor adventures, thanks to its proximity to the Upper Ouachita National Wildlife Refuge and the Georgia Pacific Wildlife Management Center.

        Population: 8,989

        Median Household Income: $30,096

        Cost of Living: 75.4% of U.S. average

        Average Rent Price: $566

        Home Price-to-Income Ratio: 2.65

        2. River Ridge

        Retirees living in River Ridge, a bedroom community east of New Orleans, enjoy the kind of amenities found in larger towns. Community parks play host to local sporting teams, and family-owned restaurants, upscale boutiques, and grocery stores are sprinkled throughout town. The New Orleans International Airport is also within easy reach, a bonus when you’re hopping on a plane to visit friends and family.

        Population: 13,591

        Median Household Income: $84,464

        Cost of Living: 97.5% of U.S. average

        Median Rent Price: $1,650

        Home Price-to-Income Ratio: 3.57

        3. Bogalusa

        Tucked away from New Orleans, but within 25 miles of two hospitals, Bogalusa is the kind of place where you can truly unwind. Pass an afternoon enjoying the shops, art galleries, and restaurants lining downtown. Or enjoy the best of what Mother Nature has to offer in the beautiful Bogue Chitto National Wildlife refuge.

        Population: 10,343

        Median Household Income: $37,846

        Cost of Living: 80.7% of U.S. average

        Average Rent Price: $675

        Home Price-to-Income Ratio: 2.17

        Recommended: Refinance Your Mortgage and Save

        Best Places to Live in Louisiana Near the Water

        Louisiana fully earns its Bayou State nickname, as the famous swamps cover some 3 million acres of ground. But bayous aren’t the only bodies of water here. The Mississippi River, Gulf of Mexico, Lake Pontchartrain, and many smaller rivers and reservoirs also meander throughout the state. Bottom line: If you’re looking to put down roots near the water, you’ll have no shortage of options in Louisiana. Here are five that are among the best places in Louisiana to live.

        1. Mandeville

        Mandeville, Louisiana

        Photo credit: iStock/Judy Darby

        Mandeville’s prime location provides easy access to Lake Pontchartrain, where fishing and boating opportunities abound. When it’s time to raise the anchor and head back to shore, you can grab a bite at one of the many top-flight restaurants or take in the million-dollar views along the lakefront.

        Population: 12,999

        Median Household Income: $89,122

        Cost of Living: 98.4% of U.S. average

        Average Rent Price: $1,800

        Home Price-to-Income Ratio: 3.94

        2. Lake Charles

        Lake Charles, Louisiana

        Photo credit: iStock/halbergman

        Grab your rod and reel: Lake Charles is a well-established fishing destination, where anglers try their luck in Calcasieu Lake, Holly Beach, and (of course) Lake Charles. And because southwestern Louisiana enjoys mild winters, you can cast your line year-round. After a day on the boat or shore, take a load off at one of the many restaurants in this fast-growing city.

        Population: 79,633

        Median Household Income: $56,864

        Cost of Living: 84.1% of U.S. average

        Average Rent Price: $1,100

        Home Price-to-Income Ratio: 3.27

        3. Breaux Bridge

        Breaux Bridge, Louisiana

        Photo credit: Flickr/jc.winkler , Creative Commons Attribution 2.0 Generic

        Bayou Teche winds through the beautiful town of Breaux Bridge and plays host to activities and events throughout the year. If you prefer lots of outdoor action, you can get your fill of hunting, paddling, bird watching, and fishing. Once you’ve worked up an appetite, load up on the local specialty: crawfish. In fact, Breaux Bridge’s crawfish farming and cooking is so renowned, the town was officially designated the crawfish capital of the world.

        Population: 7,500

        Median Household Income: $45,620

        Cost of Living: 83% of U.S. average

        Median Rent Price: $1,700

        Home Price-to-Income Ratio: 3.73


        The Takeaway

        If you’re considering relocating to Louisiana, rest assured there are lots of big cities, small towns, and vibrant suburbs worthy of calling home. Bayou State residents typically pay less for everyday expenses and housing. But keep in mind that rising flood and insurance premiums may add to the cost of homeownership here, so you may want to adjust your budget accordingly.

        Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.

        SoFi Mortgages: simple, smart, and so affordable.

        View your rate

        Browse Other States

        FAQ

        Where is the cheapest and nicest place to live in Louisiana?

        The determination of what is a cheap and nice place will vary depending on an individual’s wants and needs. Bastrop, for instance, is considered a very affordable city in Louisiana, with average monthly rent of under $600 and a cost of living that is 75% of the national average.

        How much money do you need to live comfortably in Louisiana?

        Many factors impact how much money you would need to live comfortably in Louisiana. For example, you need to consider the cost of living in the area where you want to settle, your family size, how much debt you are paying off, and more. That said, the cost of living in Louisiana is lower than the average in the U.S., so you might find it takes less money to live comfortably there.

        Are Louisiana home prices coming down?

        Between January 2024 and January 2025, home prices in Louisiana rose 3.5%, indicating that the housing market has heated up in general. However, in certain locations, prices may be dropping; it depends upon which community you are focusing on.


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        Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

        HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

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