Greenwood Metro Area, MS Cost of Living


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United States / Mississippi / Greenwood Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Greenwood, Mississippi?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Greenwood cost of living score
69.2
Less expensive
30.8% lower
than the US average
12.1% lower
than the Mississippi average
Greenwood Mississi Metro Area, Mississippi gets a BestPlaces Cost of Living score of 69.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.8% lower than the U.S. average and 12.1% higher than the average for Mississippi.

Greenwood Metro Area, MS

Housing costs in Greenwood?
A typical home costs $99,000, which is 70.7% less expensive than the national average of $338,100 and 36.3% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Greenwood 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 Greenwood?
To live comfortably in Greenwood Mississi Metro Area, Mississippi, a minimum annual income of $19,080 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in Greenwood, MS Metro Area is significantly lower than the US average. According to data, the cost of living in Greenwood is 69.2, compared to the US average of 100. This means that the cost of goods and services required for daily life are considerably cheaper in this metro area than other parts of the country. House median value is also substantially lower at $99000, as compared to the national average of $338100. These low costs make Greenwood an attractive place to live for many people looking for a more affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGreenwoodMississippiUnited States
    Unlock78.7100.0
  95.3  Unlock100.0
    Unlock101.9100.0
  26.6  Unlock100.0
    Unlock$155,300$338,100
  96.6  Unlock100.0
    Unlock83.4100.0
  65.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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