Beechwood, MS Cost of Living


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Beechwood cost of living score
76
Less expensive
24.0% lower
than the US average
3.4% lower
than the Mississippi average
Beechwood, Mississippi gets a BestPlaces Cost of Living score of 76, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.0% lower than the U.S. average and 3.4% higher than the average for Mississippi.

Beechwood, MS

Housing costs in Beechwood?
A typical home costs $186,900, which is 44.7% less expensive than the national average of $338,100 and 20.3% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Beechwood costs $560 per month, which is 60.8% cheaper than the national average of $1,430 and 58.9% cheaper than the state average of $890.

Can I afford Beechwood?
To live comfortably in Beechwood, Mississippi, a minimum annual income of $35,640 for a family, and $16,800 for a single person is recommended.

What does A.I. say about Beechwood?
The cost of living in Beechwood, MS is surprisingly affordable. The median household income is about $45,000 per year, and the median home value is approximately $135,000. Prices for groceries, healthcare, utilities and other goods and services are all quite reasonable by national standards. In addition, property taxes are relatively low compared to other areas of the country. Overall, Beechwood is an excellent choice for those who want to live comfortably without breaking their budget.
   Cost of living score
     CategoriesBeechwoodMississippiUnited States
  76.078.7100.0
  98.794.9100
  103.2101.9100.0
  60.548.6100.0
  $186,900$155,300$338,100
  100.7%97.1%100.0%
  67.883.4100.0
  78.463.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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