Bay St. Louis 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.
IndexBay St. LouisMississippiNational
Cost of living index9481100
IndexBay St. LouisMississippiNational
Goods & Services index9887100
Groceries index9493100
Health care index9492100
Housing index8763100
Transportation index9792100
Utilities index9786100
An overview of the general cost of living index for Bay St. Louis, MS is displayed above for your reference. Residents in Bay St. Louis, MS enjoy a cost of living index of 94. This index is 16% higher than the Mississippi average, and 6% 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 Bay St. Louis, MS, the average cost of goods and services is 13% higher than it is in Mississippi, and it is 2% lower than the national average.

Did you know?

  • The cost of living in Bay St. Louis is 16% higher than the Mississippi average.
  • The cost of living in Bay St. Louis is 6% lower than the national average.
  • The cost of housing in Bay St. Louis is 13% 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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Compare Bay St. Louis, MS Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Bay St. Louis, MS to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Bay St. Louis, MS, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Bay St. Louis, MS salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,798$4,233$1,185$1,524
Renters$33,587$2,799$784$1,008
If you want to find a good determining factor for the cost of living and the general affordability of housing in Bay St. Louis, MS, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Bay St. Louis, MS, the median monthly income is $50,798 for those who own their own homes. Under the standard rule, that income level would allow for $1,185 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $33,587, per the median income in the area. That would allow for renters to spend up to $784 on monthly rental expenses.

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%
One thing to keep in mind when considering the cost of living in Bay St. Louis, MS is the Mississippi sales tax and Mississippi income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Mississippi sales tax rate is 7% and the maximum surtax that can be charged is 7.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Mississippi income tax rates range from 3% to 5%.

Goods & Services

ItemBay St. LouisNational avg.Difference
Haircut $14.75$14.591.1%
Beauty Salon $41.00$34.6818.2%
Toothpaste $2.15$2.4713.1%
Shampoo $0.99$1.023.1%
Movie $10.13$9.872.7%
Bowling $4.75$4.398.2%

Groceries

ItemBay St. LouisNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $1.31$1.4610.5%
Milk $2.54$2.367.8%
Potatoes $3.28$3.067.1%
Pizza $8.49$9.248.1%
Beer $8.02$8.637.1%

Health Care

ItemBay St. LouisNational avg.Difference
Optometrist $79.88$99.7819.9%
Doctor $88.60$105.0315.6%
Dentist $81.00$88.708.7%
Ibuprofen $10.68$9.4113.5%
Lipitor $317.51$298.506.4%

Housing

ItemBay St. LouisNational avg.Difference
Home Price $155,800.00$175,700.0011.3%
Avg. Mortgage Payment $920.65$1,081.0314.8%
Apartment Rent $777.00$920.0015.5%

Transportation

ItemBay St. LouisNational avg.Difference
Gasoline $1.92$2.098.3%
Tire Balancing $50.50$45.2911.5%

Utilities

ItemBay St. LouisNational avg.Difference
All Electricity$151.97$170.8011.0%
Phone $30.76$28.268.9%
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.
Pearlington, MS1,50485-15%
Waveland, MS6,46390-10%
Kiln, MS1,70990-10%
DeLisle, MS99694-6%
Lyman, MS2,18794-6%
Bay St. Louis, MS10,31394-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lancaster, NY10,31485-15%
Maynard, MA10,31413838%
Galion, OH10,31479-21%
Broomall, PA10,31213030%
West Perrine, FL10,317100-0%
Bay St. Louis, MS10,31394-6%
Source: The Bay St. Louis, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.