Zip 38637 (Horn Lake, MS) Cost of Living


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How much do I need to live in Horn Lake, Mississippi?
$2,730 / month
for a family, 49.4% less expensive than the national average A total of $32,760 for the year for a family.
$3,133 / month
for a single person, 34.3% less expensive than the national average A total of $37,600 for the year for a single person.

Horn Lake cost of living score
91.7
Less expensive
8.3% lower
than the US average
16.5% higher
than the Mississippi average
Horn Lake (zip 38637), Mississippi gets a BestPlaces Cost of Living score of 91.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.3% lower than the U.S. average and 16.5% lower than the average for Mississippi.

Zip 38637 (Horn Lake, MS)

Housing costs in Horn Lake?
A typical home costs $170,100, which is 49.7% less expensive than the national average of $338,100 and 9.5% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Horn Lake costs $1,080 per month, which is 21.3% more than the national average of $890 and 5.6% more than the state average of $1,020.

Can I afford Horn Lake?
To live comfortably in Horn Lake (zip 38637), Mississippi, a minimum annual income of $32,760 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Horn Lake?
The cost of living in Horn Lake is relatively low. In fact, the city has been ranked as one of the most affordable cities to live in the state of Mississippi, according to Money Magazine. Housing prices are very reasonable, with median home values standing at $106,400. Food, transportation and miscellaneous costs are also low compared to other areas in the United States. Overall, living in Horn Lake is a great way for families to enjoy a comfortable lifestyle without having to worry too much about their wallets.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHorn LakeMississippiUnited States
    Unlock78.7100.0
  93.4  Unlock100.0
    Unlock101.9100.0
  48.3  Unlock100.0
    Unlock$155,300$338,100
  95.5  Unlock100.0
    Unlock83.4100.0
  80.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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