Falkner 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.
IndexFalknerMississippiNational
Cost of living index7781100
IndexFalknerMississippiNational
Goods & Services index8987100
Groceries index8793100
Health care index9692100
Housing index5163100
Transportation index9692100
Utilities index7886100

Did you know?

  • The cost of living in Falkner is 5% lower than the Mississippi average.
  • The cost of living in Falkner is 23% lower than the national average.
  • The cost of housing in Falkner is 49% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$34,250$2,854$799$1,028
Renters$13,917$1,160$325$418

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

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

Goods & Services

ItemFalknerNational 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%

Groceries

ItemFalknerNational 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

ItemFalknerNational 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%

Housing

ItemFalknerNational avg.Difference
Home Price $90,300.00$175,700.0048.6%
Avg. Mortgage Payment $781.10$1,081.0327.7%
Apartment Rent $472.00$920.0048.7%

Transportation

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

Utilities

ItemFalknerNational 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.
Saulsbury, TN16082-18%
Dumas, MS45175-25%
Blue Mountain, MS82875-25%
Walnut, MS77285-15%
Ashland, MS49378-22%
Falkner, MS46677-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kennedy, NY46677-23%
Briarcliffe Acres, SC46615656%
Altenburg, MO46688-12%
Laona, WI46682-18%
Northport, WI46695-5%
Falkner, MS46677-23%
Source: The Falkner, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.