Zip 38740 (Duncan, MS) Cost of Living


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How much do I need to live in Duncan, Mississippi?
$2,220 / month
for a family, 58.9% less expensive than the national average A total of $26,640 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.

Duncan cost of living score
71.3
Less expensive
28.7% lower
than the US average
9.4% lower
than the Mississippi average
Duncan (zip 38740), Mississippi gets a BestPlaces Cost of Living score of 71.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.7% lower than the U.S. average and 9.4% higher than the average for Mississippi.

Zip 38740 (Duncan, MS)

Housing costs in Duncan?
A typical home costs $139,700, which is 58.7% less expensive than the national average of $338,100 and 10.0% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Duncan costs $760 per month, which is 14.6% cheaper than the national average of $890 and 2.6% cheaper than the state average of $780.

Can I afford Duncan?
To live comfortably in Duncan (zip 38740), Mississippi, a minimum annual income of $26,640 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Duncan?
The cost of living in 38740 Duncan, MS is relatively low. The median home price in the area is $86,000, and the overall cost of living index score is 82.7 out of 100, which is lower than the national average. Renting an apartment in the city averages around $650 per month, and residents can expect utility costs to be on par with what most people are accustomed to paying throughout the United States. Transportation costs for getting around are minimal; gas prices tend to be lower than most cities and public transportation options are limited. Overall, 38740 Duncan, MS is a great place to live if you're looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDuncanMississippiUnited States
    Unlock78.7100.0
  90.4  Unlock100.0
    Unlock101.9100.0
  20.0  Unlock100.0
    Unlock$155,300$338,100
  95.5  Unlock100.0
    Unlock83.4100.0
  70.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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