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$1/acre
In 1933 the average cost of an acre of land in Mississippi cost about $1000. The average price of a complete home with land was $5,750, which was about $35 a month mortgage.
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In 1860, the cost of an acre of land varied widely depending on location, quality, and demand. On average, however, the price of an acre of land in the United States ranged from $1 to $20, with some prime agricultural land fetching higher prices. Factors such as proximity to transportation routes, water sources, and urban centers also influenced land prices during this time period.
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