Amory cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index7781100
Goods & Services index8987100
Groceries index8793100
Health care index9692100
Housing index4963100
Transportation index9692100
Utilities index7886100
An overview of the general cost of living index for Amory, MS is displayed above for your reference. Residents in Amory, MS enjoy a cost of living index of 77. This index is 6% lower than the Mississippi average, and 23% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Amory, MS, the average cost of goods and services is 2% higher than it is in Mississippi, and it is 11% lower than the national average.

Did you know?

  • The cost of living in Amory is 6% lower than the Mississippi average.
  • The cost of living in Amory is 23% lower than the national average.
  • The cost of housing in Amory is 51% lower than the national average.
  • Mississippi general sales tax is 37% higher than the national average.
  • Mississippi state income tax is 35% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Amory, MS to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Amory, MS, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Amory, MS salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Amory, MS by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Amory, MS have a median income of $41,975. Therefore, the amount that a consumer should spend on housing costs should be no more than $979 per month to avoid calamity and poverty. The renters in the city have an income of about $22,909, which would make their monthly maximum allowable rental costs $535.

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Amory, MS, the Mississippi income tax and the Mississippi sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Mississippi maximum surtax is 7.25%, and the Mississippi sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3% to 5% in Mississippi.

Goods & Services

ItemAmoryNational avg.Difference
Haircut $14.80$14.591.4%
Beauty Salon $25.98$34.6825.1%
Toothpaste $1.68$2.4732.1%
Shampoo $0.80$1.0221.7%
Movie $9.25$9.876.3%
Bowling $3.50$4.3920.3%


ItemAmoryNational avg.Difference
Ground Beef $3.90$4.4812.9%
Fried Chicken $1.08$1.4626.2%
Milk $2.36$2.360.1%
Potatoes $2.81$3.068.2%
Pizza $9.95$9.247.6%
Beer $7.64$8.6311.5%

Health Care

ItemAmoryNational avg.Difference
Optometrist $99.67$99.780.1%
Doctor $80.67$105.0323.2%
Dentist $97.00$88.709.4%
Ibuprofen $7.64$9.4118.8%
Lipitor $299.58$298.500.4%


ItemAmoryNational avg.Difference
Home Price $82,000.00$175,700.0053.3%
Avg. Mortgage Payment $781.10$1,081.0327.7%
Apartment Rent $511.00$920.0044.5%


ItemAmoryNational avg.Difference
Gasoline $1.93$2.097.8%
Tire Balancing $47.96$45.295.9%


ItemAmoryNational avg.Difference
All Electricity$119.71$170.8029.9%
Phone $25.01$28.2611.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Gattman, MS12370-30%
Aberdeen, MS5,49275-25%
Verona, MS3,05276-24%
Smithville, MS85476-24%
Shannon, MS1,83177-23%
Amory, MS7,19777-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Park City, KS7,19490-10%
Monahans, TX7,20484-16%
Village St. George, LA7,19095-5%
Inverness, FL7,20586-14%
Hitchcock, TX7,20684-16%
Amory, MS7,19777-23%
Source: The Amory, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.