Horn Lake, MS Cost of Living


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Horn Lake cost of living score
91.7
Less expensive
8.3% lower
than the US average
16.5% higher
than the Mississippi average
Horn Lake, 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.

Horn Lake, MS

Housing costs in Horn Lake?
A typical home costs $171,300, which is 49.3% less expensive than the national average of $338,100 and 10.3% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Horn Lake costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 16.8% more than the state average of $890.

Can I afford Horn Lake?
To live comfortably in Horn Lake, Mississippi, a minimum annual income of $32,760 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Horn Lake?
Horn Lake, MS offers an affordable cost of living for residents. The city has a low overall cost of living index rating at 95.1, compared to the national average of 100. Rent is relatively low in Horn Lake with median rents ranging between $750 and $850 per month and home prices starting around $90,000. Additionally, food and utility costs are lower than the U.S. averages. Overall, Horn Lake provides an affordable lifestyle with plenty of amenities and activities for all ages.
   Cost of living score
     CategoriesHorn LakeMississippiUnited States
  91.778.7100.0
  93.494.9100
  97.9101.9100.0
  49.048.6100.0
  $171,300$155,300$338,100
  95.5%97.1%100.0%
  96.983.4100.0
  80.463.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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