Zip 38940 (Holcomb, MS) Cost of Living


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Holcomb cost of living score
70.8
Less expensive
29.2% lower
than the US average
10.0% lower
than the Mississippi average
Holcomb (zip 38940), 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.

Zip 38940 (Holcomb, MS)

Housing costs in Holcomb?
A typical home costs $122,600, which is 63.7% less expensive than the national average of $338,100 and 21.1% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Holcomb costs $730 per month, which is 18.0% cheaper than the national average of $890 and 5.5% cheaper than the state average of $770.

Can I afford Holcomb?
To live comfortably in Holcomb (zip 38940), Mississippi, a minimum annual income of $23,400 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Holcomb?
The cost of living in 38940 Holcomb, MS is relatively low compared to the national average. The median home cost in the area is approximately $82,700 and the median rent price is $621 per month. Goods and services are also quite affordable with groceries costing about 15% less than the national average, utilities coming in at 10% lower than average, and health care expenses being about 5% lower than the national average. All in all, 38940 Holcomb, MS offers a great quality of life without breaking the bank.
   Cost of living score
     CategoriesHolcombMississippiUnited States
  70.878.7100.0
  92.794.9100
  107.1101.9100.0
  34.548.6100.0
  $122,600$155,300$338,100
  95.7%97.1%100.0%
  66.083.4100.0
  67.263.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime