Hamilton, MS Cost of Living


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United States / Mississippi / No Metro Area / Monroe County / Hamilton / Zip Codes
How much do I need to live in Hamilton, Mississippi?
$2,310 / month
for a family, 57.2% less expensive than the national average A total of $27,720 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Hamilton cost of living score
72.4
Less expensive
27.6% lower
than the US average
8.0% lower
than the Mississippi average
Hamilton, Mississippi gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 8.0% higher than the average for Mississippi.

Hamilton, MS

Housing costs in Hamilton?
A typical home costs $144,500, which is 57.3% less expensive than the national average of $338,100 and 7.0% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Hamilton costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 15.6% cheaper than the state average of $890.

Can I afford Hamilton?
To live comfortably in Hamilton, Mississippi, a minimum annual income of $27,720 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Hamilton?
The cost of living in Hamilton, MS is fairly affordable compared to the national average. The overall cost of living index for the city is 81.3, which is 19.7 percent lower than the national average of 100. Groceries, transportation, and health care are some of the most affordable items in Hamilton, while housing costs are about 6 percent higher than the national average due to its rural location. Although prices for goods and services may be a bit higher than other cities in Mississippi, residents can enjoy a high quality of life with relatively low expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHamiltonMississippiUnited States
    Unlock78.7100.0
  96.4  Unlock100.0
    Unlock101.9100.0
  41.0  Unlock100.0
    Unlock$155,300$338,100
  91.3  Unlock100.0
    Unlock83.4100.0
  55.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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