React component does not re-render under Jest on state change

Component:

const MyComponent = props => {
  const {price} = props;
  const result1 = useResult(price);

  return (
    <div>...</div>
  )
}     

Custom Hook:

export const useResult = (price) => {
  const [result, setResult] = useState([]);

  useEffect(() => {
    const data = [{price: price}]
    setResult(data);        
  }, [price]);

  return result;
};

Jest test:

  it('should ...', async () => {
    render(
        <MyComponent price={300}/>)
    )
    await waitFor(() => {
      expect(...).toBeInTheDocument();
    });
  });

What it does happen with the above code is that MyComponent, when running the test, renders only once instead of two (when the application runs). After the initial render where result1 is an empty array, useEffect of useResult is running and since there is a state change due to setResult(data), I should expect MyComponent to be re-rendered. However, that's not the case and result1 still equals to [] whereas it should equal to [{price:300}].

Hence, it seems custom hooks under testing behave differently than the real app. I thought it would be okay to test them indirectly through the component that calls them.

Any explanation/thoughts for the above?

from React component does not re-render under Jest on state change