Grenada Metro Area, MS Cost of Living


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United States / Mississippi / Grenada Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Grenada, Mississippi?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Grenada cost of living score
70.8
Less expensive
29.2% lower
than the US average
10.0% lower
than the Mississippi average
Grenada Mississi Metro Area, Mississippi gets a BestPlaces Cost of Living score of 70.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.2% lower than the U.S. average and 10.0% higher than the average for Mississippi.

Grenada Metro Area, MS

Housing costs in Grenada?
A typical home costs $112,400, which is 66.8% less expensive than the national average of $338,100 and 27.6% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Grenada 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 Grenada?
To live comfortably in Grenada Mississi Metro Area, Mississippi, a minimum annual income of $21,600 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Grenada?
The cost of living in the Grenada, MS Metro Area is significantly lower than the US average. At 70.8 on the cost of living index, it is nearly 30 points below the US average of 100. Furthermore, the median house value in Grenada is $112,400, a third less than the national average of $338,100. This makes housing incredibly affordable for those who choose to live in this area. All in all, living in Grenada can be very economical and provide an acceptable quality of life with a much lower cost than elsewhere in the US.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrenadaMississippiUnited States
    Unlock78.7100.0
  92.4  Unlock100.0
    Unlock101.9100.0
  33.7  Unlock100.0
    Unlock$155,300$338,100
  95.5  Unlock100.0
    Unlock83.4100.0
  67.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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