Zip 38685 (Waterford, MS) Cost of Living


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United States / Mississippi / Memphis Metro Area / Marshall County / No City / Waterford (zip 38685)

Waterford cost of living score
79.4
Less expensive
20.6% lower
than the US average
0.9% higher
than the Mississippi average
Waterford (zip 38685), Mississippi gets a BestPlaces Cost of Living score of 79.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.6% lower than the U.S. average and 0.9% lower than the average for Mississippi.

Zip 38685 (Waterford, MS)

Housing costs in Waterford?
A typical home costs $139,700, which is 58.7% less expensive than the national average of $338,100 and 10.0% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Waterford costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 6.0% cheaper than the state average of $890.

Can I afford Waterford?
To live comfortably in Waterford (zip 38685), Mississippi, a minimum annual income of $26,640 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Waterford?
The cost of living in 38685 Waterford, MS is relatively low compared to other places in the country. The median home value in this small town is just over $80,000, which is quite affordable for many looking for a place to call home. Renting a one-bedroom apartment can cost around $800 a month, and groceries tend to be quite affordable as well. Utilities are also very reasonable in Waterford, with electricity typically costing around $100 a month. All in all, living in 38685 Waterford is quite affordable and offers a great quality of life at an economical price.
   Cost of living score
     CategoriesWaterfordMississippiUnited States
  79.478.7100.0
  95.694.9100
  96.8101.9100.0
  42.248.6100.0
  $139,700$155,300$338,100
  99.3%97.1%100.0%
  100.583.4100.0
  61.963.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime