Independence, MS Cost of Living


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Independence cost of living score
83.5
Less expensive
16.5% lower
than the US average
6.1% higher
than the Mississippi average
Independence, Mississippi gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 6.1% lower than the average for Mississippi.

Independence, MS

Housing costs in Independence?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Independence costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 4.7% cheaper than the state average of $890.

Can I afford Independence?
To live comfortably in Independence, Mississippi, a minimum annual income of $34,560 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Independence?
The cost of living in Independence, MS is significantly lower than the US average. According to data collected by the US Census Bureau, the median house value in Independence, MS is much lower than the national average of $338,100. Similarly, the overall cost of living in this town is also significantly lower than the national average. This makes it an attractive option for those looking for a more affordable place to live while still enjoying all that comes with living in a small town environment. With its low cost of living and affordability compared to larger cities across the country, Independence, MS is an ideal option for those looking to save on their housing costs while still having access to all they need.
   Cost of living score
     CategoriesIndependenceMississippiUnited States
  83.578.7100.0
   94.9100
Health 101.9100

   100=National Average

   Average Rent by Bedroom Size
Crime
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