Cost Of Living in Batesville, MS

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9%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

14%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Batesville	Mississippi	National
Cost of living	91	83	100
Goods & Services	94	92	100
Groceries	100	97	100
Health care	87	98	100
Housing	86	63	100
Transportation	88	88	100
Utilities	90	86	100

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Cost Of Living Quick Facts

The cost of living in Batesville is 9% higher than the Mississippi average
The cost of living in Batesville is 9% lower than the national average
Batesville housing is 14% 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

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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	$74,306	$6,192	$1,734	$2,229
Renters	$29,217	$2,435	$682	$877

To approximate the cost of living and the housing affordability in Batesville, MS, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Batesville have a median income of $74,306. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,734 per month to avoid calamity and poverty. The renters in the city have an income of about $29,217, which would make their monthly maximum allowable rental costs $682.

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%

Goods & Services

Item	Batesville	National avg.	Difference
Haircut	$26.94	$24.26	11.0%
Beauty Salon	$41.92	$45.56	8.0%
Toothpaste	$3.62	$3.70	2.1%
Shampoo	$1.11	$1.28	13.1%
Movie	$11.99	$12.13	1.2%
Bowling	$13.75	$18.00	23.6%

Groceries

Item	Batesville	National avg.	Difference
Ground Beef	$6.10	$5.84	4.5%
Fried Chicken	$1.46	$1.57	7.0%
Milk	$4.71	$4.67	0.8%
Potatoes	$5.15	$4.93	4.3%
Pizza	$10.66	$12.09	11.8%
Beer	$9.95	$10.41	4.4%

Health Care

Item	Batesville	National avg.	Difference
Optometrist	$77.39	$125.68	38.4%
Doctor	$124.94	$135.78	8.0%
Dentist	$91.51	$113.29	19.2%
Ibuprofen	$10.19	$10.65	4.4%
Lipitor	$518.09	$468.60	10.6%

Housing

Item	Batesville	National avg.	Difference
Home Price	$159,300.00	$184,700.00	13.8%
Avg. Mortgage Payment	$2,240.45	$2,346.69	4.5%
Apartment Rent	$795.00	$949.00	16.2%

Transportation

Item	Batesville	National avg.	Difference
Gasoline	$3.14	$3.46	9.3%
Tire Balancing	$55.67	$59.92	7.1%

Utilities

Item	Batesville	National avg.	Difference
All Electricity	$163.38	$193.99	15.8%
Phone	$192.72	$192.25	0.2%

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	Population	Cost of Living Index	National Avg.
Crowder, MS	822	75	25.5%
Sardis, MS	2,294	79	20.7%
Courtland, MS	846	80	20.1%
Como, MS	1,919	83	16.7%
Pope, MS	559	87	13.1%
Batesville, MS	7,200	91	9.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Peace River, AB	7,200	n/a
Fort Pierce North, FL	7,199	87	13.4%
Farr West, UT	7,197	115	15.3%
Richland, MS	7,203	86	13.6%
Inwood, FL	7,196	86	14.4%
Batesville, MS	7,200	91	9.1%