Zip 38683 (Walnut, MS) Cost of Living


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United States / Mississippi / No Metro Area / Tippah County / Walnut / Walnut (zip 38683)
How much do I need to live in Walnut, Mississippi?
$1,530 / month
for a family, 71.7% less expensive than the national average A total of $18,360 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Walnut cost of living score
72.2
Less expensive
27.8% lower
than the US average
8.3% lower
than the Mississippi average
Walnut (zip 38683), Mississippi gets a BestPlaces Cost of Living score of 72.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.8% lower than the U.S. average and 8.3% higher than the average for Mississippi.

Zip 38683 (Walnut, MS)

Housing costs in Walnut?
A typical home costs $95,900, which is 71.6% less expensive than the national average of $338,100 and 38.2% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Walnut costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 20.3% cheaper than the state average of $890.

Can I afford Walnut?
To live comfortably in Walnut (zip 38683), Mississippi, a minimum annual income of $18,360 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Walnut?
The cost of living in 38683 Walnut, MS is relatively low compared to other cities and towns in the area. The cost of goods is generally lower than the national average, making it an attractive option for those looking to save money. Additionally, housing costs are also affordable, with one-bedroom apartments renting for under $500 per month and two-bedrooms starting around $700 per month. With these lower costs, there is potential for more disposable income that can be used towards leisure activities or saved for the future.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWalnutMississippiUnited States
    Unlock78.7100.0
  92.2  Unlock100.0
    Unlock101.9100.0
  28.2  Unlock100.0
    Unlock$155,300$338,100
  97.8  Unlock100.0
    Unlock83.4100.0
  53.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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