Zip 38677 (University, MS) Cost of Living


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University cost of living score
82.9
Less expensive
17.1% lower
than the US average
5.3% higher
than the Mississippi average
University (zip 38677), Mississippi gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 5.3% lower than the average for Mississippi.

Zip 38677 (University, MS)

Housing costs in University?
A typical home costs $306,500, which is 9.3% less expensive than the national average of $338,100 and 97.4% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in University costs $870 per month, which is 2.2% cheaper than the national average of $890 and 27.6% cheaper than the state average of $1,110.

Can I afford University?
To live comfortably in University (zip 38677), Mississippi, a minimum annual income of $58,680 for a family, and $28,000 for a single person is recommended.

What does A.I. say about University?
The cost of living in 38677 University, MS is quite affordable. The median home value as of 2018 was $136,000 which is slightly lower than the national average. Renting an apartment can range from $500 to over $1,000 depending on the size and amenities. Utilities such as electricity and water are also quite affordable as they are below the national average. Other general costs of living such as groceries, gas, clothing, and entertainment are also quite reasonable and significantly lower than the national average. All in all, living in 38677 University, MS is a great choice for those looking for an affordable place to settle down without sacrificing quality of life.
   Cost of living score
     CategoriesUniversityMississippiUnited States
  82.978.7100.0
  92.394.9100
  103.9101.9100.0
  29.448.6100.0
  $306,500$155,300$338,100
  83.7%97.1%100.0%
  73.083.4100.0
  79.363.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime