Columbia 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 index7881100
Goods & Services index8587100
Groceries index9893100
Health care index8992100
Housing index5363100
Transportation index8892100
Utilities index9486100
An overview of the general cost of living index for Columbia, MS is displayed above for your reference. Residents in Columbia, MS enjoy a cost of living index of 78. This index is 3% lower than the Mississippi average, and 22% 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 Columbia, MS, the average cost of goods and services is 2% lower than it is in Mississippi, and it is 15% lower than the national average.

Did you know?

  • The cost of living in Columbia is 3% lower than the Mississippi average.
  • The cost of living in Columbia is 22% lower than the national average.
  • The cost of housing in Columbia is 47% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Columbia, MS would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Columbia, MS, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Columbia, MS salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

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 Columbia, 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 Columbia, MS have a median income of $27,522. Therefore, the amount that a consumer should spend on housing costs should be no more than $642 per month to avoid calamity and poverty. The renters in the city have an income of about $16,553, which would make their monthly maximum allowable rental costs $386.

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Columbia, 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

ItemColumbiaNational avg.Difference
Haircut $13.33$14.598.7%
Beauty Salon $29.40$34.6815.2%
Toothpaste $1.92$2.4722.4%
Shampoo $0.94$1.028.0%
Movie $9.50$9.873.7%
Bowling $4.50$4.392.5%


ItemColumbiaNational avg.Difference
Ground Beef $4.43$4.481.0%
Fried Chicken $1.27$1.4613.3%
Milk $2.69$2.3614.1%
Potatoes $3.38$3.0610.4%
Pizza $8.00$9.2413.4%
Beer $7.94$8.638.0%

Health Care

ItemColumbiaNational avg.Difference
Optometrist $76.60$99.7823.2%
Doctor $87.00$105.0317.2%
Dentist $77.75$88.7012.3%
Ibuprofen $10.13$9.417.6%
Lipitor $281.13$298.505.8%


ItemColumbiaNational avg.Difference
Home Price $83,000.00$175,700.0052.8%
Avg. Mortgage Payment $788.45$1,081.0327.1%
Apartment Rent $610.00$920.0033.7%


ItemColumbiaNational avg.Difference
Gasoline $1.75$2.0916.5%
Tire Balancing $45.33$45.290.1%


ItemColumbiaNational avg.Difference
All Electricity$144.91$170.8015.2%
Phone $29.99$28.266.1%
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.
Foxworth, MS40970-30%
Columbia, MS6,44678-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Franklin city, PA6,44875-25%
De Soto, MO6,44987-13%
Valley Center, KS6,44992-8%
Bartonville, IL6,44088-12%
Del Monte Forest, CA6,439203103%
Columbia, MS6,44678-22%
Source: The Columbia, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.