Cost of Living in Baldwyn, MS

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18%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
51%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Baldwyn Mississippi National
Cost of living8286100
Groceries9897100
Health care9395100
Housing4963100
Transportation9594100
Utilities9998100
Lifestyle & Entertainment9394100
Household Items9896100
Education & Childcare9694100
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Homes For Sale In Baldwyn, MS

property for sale

816 Mallard Lake Dr

Baldwyn, MS
property for sale

Mississippi 30

Baldwyn, MS
property for sale

403 S 3rd St

Baldwyn, MS
property for sale

38 County Road 5330

Baldwyn, MS
See the Newest Homes For Sale In Baldwyn, MS

Cost Of Living Quick Facts

  • The cost of living in Baldwyn is 4% lower than the Mississippi average
  • The cost of living in Baldwyn is 18% lower than the national average
  • Baldwyn housing is 51% lower than the national average
  • Mississippi general sales tax is 37% higher than the national average
  • Mississippi state income tax is 93% higher than the national average

Most Affordable Places to Live in and Around Baldwyn

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$56,318$4,693$1,314$1,690
      Renters$44,275$3,690$1,033$1,328
      A good indicator of the general affordability of housing in Baldwyn, MS, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Baldwyn, the median monthly income is $56,318 for those who own their own homes. Under the standard rule, that income level would allow for $1,314 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $44,275, per the median income in the area. That would allow for renters to spend up to $1,033 on monthly rental expenses.

      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 5% 5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Jumpertown, MS4538019.7%
      Marietta, MS2138217.8%
      Dumas, MS4178416.2%
      Mantachie, MS1,7908514.6%
      Sherman, MS6358613.6%
      Baldwyn, MS3,1758218.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chandler, TX3,175972.7%
      Saint-Alphonse-de-Granby, QC3,175n/a 
      Lorne, MB3,175n/a 
      Bath, MI3,1741000.2%
      Lakemore, OH3,1748514.9%
      Baldwyn, MS3,1758218.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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