Pascagoula 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.
IndexPascagoulaMississippiNational
Cost of living index8881100
IndexPascagoulaMississippiNational
Goods & Services index9687100
Groceries index10393100
Health care index8892100
Housing index6563100
Transportation index9692100
Utilities index10786100
Displayed above is a general overview of the Pascagoula, MS cost of living index. The overall cost of living index in Pascagoula, MS is 88, which is 8% higher than the Mississippi average and 12% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Pascagoula, MS are 10% higher than the Mississippi average and 5% lower than the national average.

Did you know?

  • The cost of living in Pascagoula is 8% higher than the Mississippi average.
  • The cost of living in Pascagoula is 12% lower than the national average.
  • The cost of housing in Pascagoula is 35% 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.

Find Real Estate Listings In Pascagoula

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Pascagoula

Compare Pascagoula, MS Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Pascagoula, MS to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Pascagoula, MS, then you would need to earn more income in order to maintain the same standard of living. To use the Pascagoula, MS salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,536$4,711$1,319$1,696
Renters$23,675$1,973$552$710
One can approximate the cost of living and the housing affordability in Pascagoula, 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 Pascagoula, MS have a median income of $56,536. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,319 per month to avoid calamity and poverty. The renters in the city have an income of about $23,675, which would make their monthly maximum allowable rental costs $552.

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 Pascagoula, 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

ItemPascagoulaNational avg.Difference
Haircut $13.38$14.598.3%
Beauty Salon $33.88$34.682.3%
Toothpaste $3.04$2.4722.9%
Shampoo $1.04$1.021.8%
Movie $9.75$9.871.2%
Bowling $4.02$4.398.5%

Groceries

ItemPascagoulaNational avg.Difference
Ground Beef $3.83$4.4814.4%
Fried Chicken $1.47$1.460.4%
Milk $2.61$2.3610.7%
Potatoes $3.72$3.0621.5%
Pizza $8.00$9.2413.4%
Beer $8.82$8.632.2%

Health Care

ItemPascagoulaNational avg.Difference
Optometrist $94.50$99.785.3%
Doctor $78.60$105.0325.2%
Dentist $79.40$88.7010.5%
Ibuprofen $9.84$9.414.5%
Lipitor $273.56$298.508.4%

Housing

ItemPascagoulaNational avg.Difference
Home Price $101,900.00$175,700.0042.0%
Avg. Mortgage Payment $832.83$1,081.0323.0%
Apartment Rent $739.00$920.0019.7%

Transportation

ItemPascagoulaNational avg.Difference
Gasoline $1.92$2.098.2%
Tire Balancing $47.96$45.295.9%

Utilities

ItemPascagoulaNational avg.Difference
All Electricity$188.02$170.8010.1%
Phone $29.01$28.262.7%
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.
Escatawpa, MS3,84886-14%
Moss Point, MS13,69087-13%
Gautier, MS18,58190-10%
Grand Bay, AL3,63290-10%
Helena, MS1,00091-9%
Pascagoula, MS22,23988-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Darien, IL22,25111717%
Hamtramck, MI22,25678-22%
Oak Harbor, WA22,22011212%
Bloomingdale, IL22,20811818%
East Patchogue, NY22,20313636%
Pascagoula, MS22,23988-12%
Source: The Pascagoula, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.