Zip 38774 (Shelby, MS) Cost of Living


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Shelby cost of living score
71.3
Less expensive
28.7% lower
than the US average
9.4% lower
than the Mississippi average
Shelby (zip 38774), 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 38774 (Shelby, MS)

Housing costs in Shelby?
A typical home costs $78,300, which is 76.8% less expensive than the national average of $338,100 and 49.6% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Shelby costs $690 per month, which is 22.5% cheaper than the national average of $890 and 13.0% cheaper than the state average of $780.

Can I afford Shelby?
To live comfortably in Shelby (zip 38774), Mississippi, a minimum annual income of $15,120 for a family, and $20,800 for a single person is recommended.

What does A.I. say about Shelby?
The cost of living in 38774 Shelby, MS is relatively low compared to other cities in the United States. The median home value is $83,500 and the median rent for a two-bedroom apartment is around $750 per month. Additionally, the average grocery bill for a family of four is just over $400 a month. Transportation costs are also relatively low with an average commute time of 28 minutes and gasoline prices that are nearly 10% lower than the national average. All in all, living in 38774 Shelby, MS is more affordable than most other places in the US.
   Cost of living score
     CategoriesShelbyMississippiUnited States
  71.378.7100.0
  91.994.9100
  102.4101.9100.0
  22.148.6100.0
  $78,300$155,300$338,100
  95.9%97.1%100.0%
  66.283.4100.0
  70.063.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime