Zip 38847 (Golden, MS) Cost of Living


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United States / Mississippi / No Metro Area / Tishomingo County / Golden / Golden (zip 38847)
How much do I need to live in Golden, Mississippi?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Golden cost of living score
71.2
Less expensive
28.8% lower
than the US average
9.5% lower
than the Mississippi average
Golden (zip 38847), Mississippi gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 9.5% higher than the average for Mississippi.

Zip 38847 (Golden, MS)

Housing costs in Golden?
A typical home costs $121,000, which is 64.2% less expensive than the national average of $338,100 and 22.1% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Golden costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 20.3% cheaper than the state average of $890.

Can I afford Golden?
To live comfortably in Golden (zip 38847), Mississippi, a minimum annual income of $23,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Golden?
The cost of living in 38847 Golden, MS is fairly low when compared to other parts of the country. The median home value is $95,400, which is below the national average. Additionally, the median rent for a two bedroom apartment is $636 per month, significantly lower than many other areas. The overall cost of living index for the area is at 86.6, which is slightly lower than the national average. This means that groceries, transportation costs, and other basic necessities are generally more affordable in 38847 Golden than they are in most places around the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoldenMississippiUnited States
    Unlock78.7100.0
  92.5  Unlock100.0
    Unlock101.9100.0
  31.3  Unlock100.0
    Unlock$155,300$338,100
  83.9  Unlock100.0
    Unlock83.4100.0
  53.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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