Coldwater 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.
IndexColdwaterMississippiNational
Cost of living index8184100
IndexColdwaterMississippiNational
Goods & Services index8893100
Groceries index9194100
Health care index8990100
Housing index5963100
Transportation index9293100
Utilities index9190100

Did you know?

  • The cost of living in Coldwater is 4% lower than the Mississippi average.
  • The cost of living in Coldwater is 19% lower than the national average.
  • The cost of housing in Coldwater is 41% 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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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$29,375$2,448$685$881
Renters$27,635$2,303$645$829

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%

Goods & Services

ItemColdwaterNational avg.Difference
Haircut $13.20$15.5615.2%
Beauty Salon $25.67$36.1128.9%
Toothpaste $2.06$2.4716.8%
Shampoo $0.79$0.9618.1%
Movie $10.27$10.131.4%
Bowling $3.60$4.7423.9%

Groceries

ItemColdwaterNational avg.Difference
Ground Beef $3.87$3.983.0%
Fried Chicken $1.08$1.4123.2%
Milk $1.91$2.067.3%
Potatoes $3.73$2.9825.1%
Pizza $8.52$9.4710.0%
Beer $8.54$8.792.8%

Health Care

ItemColdwaterNational avg.Difference
Optometrist $63.32$101.0437.3%
Doctor $83.78$107.4422.0%
Dentist $86.73$90.424.1%
Ibuprofen $8.16$9.2812.1%
Lipitor $423.17$426.500.8%

Housing

ItemColdwaterNational avg.Difference
Home Price $91,400.00$175,700.0048.0%
Avg. Mortgage Payment $733.34$1,133.2335.3%
Apartment Rent $695.00$920.0024.5%

Transportation

ItemColdwaterNational avg.Difference
Gasoline $1.80$1.999.7%
Tire Balancing $44.12$45.763.6%

Utilities

ItemColdwaterNational avg.Difference
All Electricity$126.07$163.8123.0%
Phone $31.57$28.3911.2%
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.
Crenshaw, MS89575-25%
Como, MS1,68976-24%
Senatobia, MS8,06385-15%
Hernando, MS14,72392-8%
Bridgetown, MS1,74593-7%
Coldwater, MS1,16781-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Albany, WI1,16795-5%
Woodland Heights, PA1,16783-17%
Atkins, VA1,16782-18%
Ellport, PA1,16785-15%
Tye, TX1,16777-23%
Coldwater, MS1,16781-19%
Source: The Coldwater, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.