Zip 39740 (Caledonia, MS) Cost of Living


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Caledonia cost of living score
75.4
Less expensive
24.6% lower
than the US average
4.2% lower
than the Mississippi average
Caledonia (zip 39740), Mississippi gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 4.2% higher than the average for Mississippi.

Zip 39740 (Caledonia, MS)

Housing costs in Caledonia?
A typical home costs $209,100, which is 38.2% less expensive than the national average of $338,100 and 34.6% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Caledonia costs $730 per month, which is 18.0% cheaper than the national average of $890 and 8.2% cheaper than the state average of $790.

Can I afford Caledonia?
To live comfortably in Caledonia (zip 39740), Mississippi, a minimum annual income of $39,960 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Caledonia?
The cost of living in 39740 Caledonia, MS is relatively low compared to many parts of the country. Housing costs are particularly low, with median home prices standing at around $98,200 and rental prices ranging from $452 to $859 per month on average. Utility costs are also reasonable, with electricity rates that are 6% lower than the national average. Food and transportation expenses are also quite affordable with regular grocery bills typically hovering around 11% lower than the national average. All in all, 39740 Caledonia, MS is an ideal place for those looking for a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesCaledoniaMississippiUnited States
  75.478.7100.0
  100.994.9100
  104.4101.9100.0
  60.048.6100.0
  $209,100$155,300$338,100
  100.0%97.1%100.0%
  74.283.4100.0
  78.963.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime