Oxford, MS Cost of Living


5 Reviews



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Oxford cost of living score
82.9
Less expensive
17.1% lower
than the US average
5.3% higher
than the Mississippi average
Oxford, Mississippi gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 5.3% lower than the average for Mississippi.

Oxford, MS

Housing costs in Oxford?
A typical home costs $294,200, which is 13.0% less expensive than the national average of $338,100 and 89.4% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Oxford costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 46.7% more than the state average of $890.

Can I afford Oxford?
To live comfortably in Oxford, Mississippi, a minimum annual income of $56,520 for a family, and $54,000 for a single person is recommended.

What does A.I. say about Oxford?
The cost of living in Oxford, MS is quite affordable compared to other areas. The cost of housing is just above the national average, while health care and transportation costs are below the national average. Goods and services remain relatively inexpensive in the city, with groceries costing about 8% less than the national average. Additionally, local taxes tend to be lower than those found in more urban areas. All these factors make Oxford a great place to live for people looking for a comfortable lifestyle at an affordable price.
   Cost of living score
     CategoriesOxfordMississippiUnited States
  82.978.7100.0
  99.294.9100
  103.9101.9100.0
  71.348.6100.0
  $294,200$155,300$338,100
  96.2%97.1%100.0%
  65.383.4100.0
  78.863.1100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Oxford
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M · 
Over 3 years ago

While I know this isn’t a review, I am looking for some local insight! I am recent college graduate and looking for a fresh start to my career. I have lived in Chicago  More

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Over 16 years ago

We relocated to Oxford, MS from the Memphis, TN area. There are so many great things to say about Oxford but the low crime rate is at the top of the list! Coming from  More

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Over 17 years ago

It's not to say there is zero crime - but it's unlikely that could be said about any community. You might say it's definitely a secondary consideration in  More

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