Richton, MS Cost Of Living

Richton 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.
Index	Richton	Mississippi	National
Cost of living index	73	82	100
Index	Richton	Mississippi	National
Goods & Services index	83	89	100
Groceries index	99	94	100
Health care index	91	91	100
Housing index	41	63	100
Transportation index	85	91	100
Utilities index	85	89	100

Did you know?

The cost of living in Richton is 11% lower than the Mississippi average.
The cost of living in Richton is 27% lower than the national average.
The cost of housing in Richton is 59% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$33,646	$2,804	$785	$1,009
Renters	$11,304	$942	$264	$339

Mississippi Sales Tax

State	General Sales Tax	With Max Surtax
Mississippi	7%	7.25%

Mississippi Income Tax

State	Income Tax (Low)	Income Tax (High)
Mississippi	3%	5%

Goods & Services

Item	Richton	National avg.	Difference
Haircut	$15.06	$16.09	6.4%
Beauty Salon	$33.57	$37.33	10.1%
Toothpaste	$2.30	$2.45	5.9%
Shampoo	$0.87	$1.00	12.7%
Movie	$10.24	$10.28	0.4%
Bowling	$4.50	$4.93	8.8%

Groceries

Item	Richton	National avg.	Difference
Ground Beef	$4.11	$3.80	8.1%
Fried Chicken	$1.05	$1.40	24.6%
Milk	$2.64	$2.01	31.7%
Potatoes	$3.38	$3.01	12.3%
Pizza	$8.66	$9.89	12.4%
Beer	$9.69	$8.90	8.9%

Health Care

Item	Richton	National avg.	Difference
Optometrist	$82.61	$102.16	19.1%
Doctor	$85.87	$108.36	20.8%
Dentist	$88.99	$92.53	3.8%
Ibuprofen	$10.04	$9.28	8.2%
Lipitor	$389.81	$425.82	8.5%

Housing

Item	Richton	National avg.	Difference
Home Price	$74,100.00	$184,700.00	59.9%
Avg. Mortgage Payment	$904.98	$1,202.44	24.7%
Apartment Rent	$396.00	$949.00	58.3%

Transportation

Item	Richton	National avg.	Difference
Gasoline	$1.94	$2.24	13.4%
Tire Balancing	$37.53	$46.29	18.9%

Utilities

Item	Richton	National avg.	Difference
All Electricity	$141.08	$165.96	15.0%
Phone	$24.67	$28.68	14.0%

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, State	Population	Cost of Living Index	National Avg.
Beaumont, MS	964	72	-28%
New Augusta, MS	799	74	-26%
Richton, MS	1,020	73	-27%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hurley, MS	1,020	95	-5%
Hancock, NY	1,020	88	-12%
West Point, IA	1,020	83	-17%
Greenback, TN	1,020	84	-16%
Harris, MN	1,020	96	-4%
Richton, MS	1,020	73	-27%

Source: The Richton, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Richton, MS Cost of Living