Zip 38629 (Falkner, MS) Cost of Living


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United States / Mississippi / No Metro Area / Tippah County / Falkner / Falkner (zip 38629)
How much do I need to live in Falkner, Mississippi?
$1,950 / month
for a family, 63.9% less expensive than the national average A total of $23,400 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Falkner cost of living score
72.2
Less expensive
27.8% lower
than the US average
8.3% lower
than the Mississippi average
Falkner (zip 38629), Mississippi gets a BestPlaces Cost of Living score of 72.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.8% lower than the U.S. average and 8.3% higher than the average for Mississippi.

Zip 38629 (Falkner, MS)

Housing costs in Falkner?
A typical home costs $123,000, which is 63.6% less expensive than the national average of $338,100 and 20.8% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Falkner costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 18.7% cheaper than the state average of $890.

Can I afford Falkner?
To live comfortably in Falkner (zip 38629), Mississippi, a minimum annual income of $23,400 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Falkner?
The cost of living in 38629 Falkner, MS is relatively low compared to other places in the United States. According to BestPlaces.net, the cost of living index for this zip code is 84, which is 16% lower than the national average. Consequently, housing prices are much cheaper than in other areas and rent here can be quite reasonable. Additionally, basic necessities like food and transportation costs are also typically lower. All in all, living in 38629 Falkner is an affordable place to live given its low cost of living index rating.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFalknerMississippiUnited States
    Unlock78.7100.0
  93.2  Unlock100.0
    Unlock101.9100.0
  36.6  Unlock100.0
    Unlock$155,300$338,100
  91.1  Unlock100.0
    Unlock83.4100.0
  53.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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