Olive Branch, MS Cost of Living


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Olive Branch cost of living score
91.7
Less expensive
8.3% lower
than the US average
16.5% higher
than the Mississippi average
Olive Branch, Mississippi gets a BestPlaces Cost of Living score of 91.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.3% lower than the U.S. average and 16.5% lower than the average for Mississippi.

Olive Branch, MS

Housing costs in Olive Branch?
A typical home costs $321,800, which is 4.8% less expensive than the national average of $338,100 and 107.2% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Olive Branch costs $1,240 per month, which is 13.3% cheaper than the national average of $1,430 and 28.2% more than the state average of $890.

Can I afford Olive Branch?
To live comfortably in Olive Branch, Mississippi, a minimum annual income of $61,560 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Olive Branch?
The cost of living in Olive Branch, MS is relatively low compared to the rest of the US. The median home price is well below the national average, and overall housing costs are quite inexpensive. Additionally, the average grocery bill and health care costs are generally lower than most other states. With its reasonable price tag, Olive Branch is an affordable place to live for families on a budget.
   Cost of living score
     CategoriesOlive BranchMississippiUnited States
  91.778.7100.0
  99.394.9100
  97.9101.9100.0
  94.048.6100.0
  $321,800$155,300$338,100
  96.1%97.1%100.0%
  92.883.4100.0
  80.663.1100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Olive Branch
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Over 12 years ago

Olive Branch used to be the perfect small town with large city access, but the city of Memphis became so bad we've been affected tremendously over the past few years.   More

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We moved to Olive Branch, MS in 2002 and have been very pleased with our choice. Housing is less expensive than in the other Memphis Metro areas and with the tax breaks  More

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Over 17 years ago

city struggling to keep up with  More

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