Zip 38671 (Southaven, MS) Cost of Living


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How much do I need to live in Southaven, Mississippi?
$3,450 / month
for a family, 36.1% less expensive than the national average A total of $41,400 for the year for a family.
$3,467 / month
for a single person, 27.3% less expensive than the national average A total of $41,600 for the year for a single person.

Southaven cost of living score
91.7
Less expensive
8.3% lower
than the US average
16.5% higher
than the Mississippi average
Southaven (zip 38671), 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 38671 (Southaven, MS)

Housing costs in Southaven?
A typical home costs $215,700, which is 36.2% less expensive than the national average of $338,100 and 38.9% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Southaven costs $1,190 per month, which is 33.7% more than the national average of $890 and 14.3% more than the state average of $1,020.

Can I afford Southaven?
To live comfortably in Southaven (zip 38671), Mississippi, a minimum annual income of $41,400 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Southaven?
The cost of living in 38671 Southaven, MS is relatively affordable compared to other cities of similar size. The median home cost is $152,900 and the median rent is about $945. Additionally, the average cost of a gallon of gas is around $2.27 per gallon, which is lower than the national average. Property taxes are also quite reasonable at 0.94%. Overall, Southaven offers an affordable place to live without compromising on quality of life or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSouthavenMississippiUnited States
    Unlock78.7100.0
  94.7  Unlock100.0
    Unlock101.9100.0
  58.1  Unlock100.0
    Unlock$155,300$338,100
  94.6  Unlock100.0
    Unlock83.4100.0
  80.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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