Zip 38672 (Southaven, MS) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Southaven, Mississippi?
$5,070 / month
for a family, 6.1% less expensive than the national average A total of $60,840 for the year for a family.
$4,633 / month
for a single person, 2.8% less expensive than the national average A total of $55,600 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 38672), 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 38672 (Southaven, MS)

Housing costs in Southaven?
A typical home costs $317,400, which is 6.1% less expensive than the national average of $338,100 and 104.4% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Southaven costs $1,600 per month, which is 79.8% more than the national average of $890 and 36.3% more than the state average of $1,020.

Can I afford Southaven?
To live comfortably in Southaven (zip 38672), Mississippi, a minimum annual income of $60,840 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Southaven?
The cost of living in 38672 Southaven, MS is relatively affordable compared to other cities in the United States. The median home value for the city is around $155,400, which is slightly lower than the national average of $229,700. In terms of utilities and transportation costs, Southaven does not differ greatly from the rest of the country either: Monthly electricity and heating expenses are estimated at around $130 per month while gas prices tend to hover around the national average. Furthermore, public transportation is readily available for those who wish to use it at a reasonable cost, though most households prefer to commute by car due to convenience. All things considered, living in Southaven isn't overly expensive and offers many amenities that make it an attractive place for potential residents looking for a reasonably-priced town or city to live in.
   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
  99.9  Unlock100.0
    Unlock101.9100.0
  98.6  Unlock100.0
    Unlock$155,300$338,100
  96.4  Unlock100.0
    Unlock83.4100.0
  80.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.