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.
IndexRichtonMississippiNational
Cost of living index7781100
IndexRichtonMississippiNational
Goods & Services index8587100
Groceries index9893100
Health care index8992100
Housing index4763100
Transportation index8892100
Utilities index9486100

Did you know?

  • The cost of living in Richton is 6% lower than the Mississippi average.
  • The cost of living in Richton is 23% lower than the national average.
  • The cost of housing in Richton is 53% 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$35,833$2,986$836$1,075
Renters$10,625$885$248$319

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

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

Goods & Services

ItemRichtonNational 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%

Groceries

ItemRichtonNational 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

ItemRichtonNational 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%

Housing

ItemRichtonNational avg.Difference
Home Price $79,100.00$175,700.0055.0%
Avg. Mortgage Payment $788.45$1,081.0327.1%
Apartment Rent $475.00$920.0048.4%

Transportation

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

Utilities

ItemRichtonNational 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.
Beaumont, MS1,22570-30%
New Augusta, MS76376-24%
Richton, MS96477-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pasadena Hills, MO96498-2%
Hedrick, IA96480-20%
Eden Valley, MN96489-11%
Searsport, ME96499-1%
Tuscarora, PA96487-13%
Richton, MS96477-23%
Source: The Richton, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.