Pace 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.
IndexPaceMississippiNational
Cost of living index7181100
IndexPaceMississippiNational
Goods & Services index9387100
Groceries index9193100
Health care index8592100
Housing index2163100
Transportation index8992100
Utilities index9786100

Did you know?

  • The cost of living in Pace is 13% lower than the Mississippi average.
  • The cost of living in Pace is 29% lower than the national average.
  • The cost of housing in Pace is 79% 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$45,833$3,819$1,069$1,375
Renters$28,125$2,344$656$844

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

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

Goods & Services

ItemPaceNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $30.80$34.6811.2%
Toothpaste $2.59$2.474.7%
Shampoo $0.82$1.0219.8%
Movie $10.30$9.874.4%
Bowling $3.41$4.3922.4%

Groceries

ItemPaceNational avg.Difference
Ground Beef $4.79$4.487.0%
Fried Chicken $1.21$1.4617.4%
Milk $2.33$2.361.1%
Potatoes $3.15$3.062.9%
Pizza $8.39$9.249.2%
Beer $8.31$8.633.7%

Health Care

ItemPaceNational avg.Difference
Optometrist $70.00$99.7829.8%
Doctor $83.80$105.0320.2%
Dentist $85.00$88.704.2%
Ibuprofen $8.48$9.419.9%
Lipitor $233.97$298.5021.6%

Housing

ItemPaceNational avg.Difference
Home Price $36,700.00$175,700.0079.1%
Avg. Mortgage Payment $730.10$1,081.0332.5%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemPaceNational avg.Difference
Gasoline $1.87$2.0910.6%
Tire Balancing $40.40$45.2910.8%

Utilities

ItemPaceNational avg.Difference
All Electricity$151.24$170.8011.5%
Phone $30.75$28.268.8%
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.
Winstonville, MS20773-27%
Gunnison, MS26079-21%
Benoit, MS48876-24%
Beulah, MS37480-20%
Shelby, MS2,22476-24%
Pace, MS14071-29%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Camden-on-Gauley, WV14077-23%
Martha, OK14075-25%
Erie, ND14080-20%
Crystal, ND14078-22%
Milton Center, OH14088-12%
Pace, MS14071-29%
Source: The Pace, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.