A-
Overall 20%
Goods & Services 5%
Housing 54%
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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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.
IndexBay SpringsMississippiNational
Cost of living8082100
Goods & Services9691100
Groceries9292100
Health care9595100
Housing4663100
Transportation9286100
Utilities9691100

Key findings

  • The cost of living in Bay Springs is 3% lower than the Mississippi average
  • The cost of living in Bay Springs is 20% lower than the national average
  • Bay Springs housing is 54% lower than the national average
  • Mississippi general sales tax is 37% higher than the national average
  • Mississippi state income tax is 22% higher than the national average

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Compare Bay Springs, MS Cost of Living

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$39,267$3,272$916$1,178
      Renters$22,019$1,835$514$661

      Mississippi Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Mississippi7%7.25%

      Mississippi Income Tax

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

      Goods & Services

      ItemBay SpringsNational avg.Difference
      Haircut $17.53$20.2713.5%
      Beauty Salon $36.11$40.3910.6%
      Toothpaste $2.04$2.3613.5%
      Shampoo $1.05$1.082.4%
      Movie $11.67$10.996.2%
      Bowling $12.44$15.4919.7%

      Groceries

      ItemBay SpringsNational avg.Difference
      Ground Beef $4.43$4.303.0%
      Fried Chicken $1.23$1.4011.9%
      Milk $2.03$2.208.0%
      Potatoes $3.24$3.220.6%
      Pizza $9.40$10.7412.4%
      Beer $7.81$9.6018.6%

      Health Care

      ItemBay SpringsNational avg.Difference
      Optometrist $98.02$109.7310.7%
      Doctor $88.83$118.3424.9%
      Dentist $114.25$100.9413.2%
      Ibuprofen $9.36$9.935.7%
      Lipitor $430.75$469.538.3%

      Housing

      ItemBay SpringsNational avg.Difference
      Home Price $75,800.00$184,700.0059.0%
      Avg. Mortgage Payment $960.74$1,229.6221.9%
      Apartment Rent $533.00$949.0043.8%

      Transportation

      ItemBay SpringsNational avg.Difference
      Gasoline $2.33$2.7114.1%
      Tire Balancing $52.95$51.862.1%

      Utilities

      ItemBay SpringsNational avg.Difference
      All Electricity$160.90$170.845.8%
      Phone $184.26$187.181.6%
      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

      CityPopulationCost of Living IndexNational Avg.
      Raleigh, MS1,5367029.7%
      Montrose, MS2007722.8%
      Sylvarena, MS1007921.3%
      Sharon, MS1,2068119.4%
      Taylorsville, MS1,5348217.9%
      Bay Springs, MS1,6138020.3%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Nashua, IA1,6137723.2%
      Island Heights, NJ1,61313635.7%
      Toughkenamon, PA1,61312423.7%
      Monte Alto, TX1,6136930.8%
      Pepeekeo, HI1,61413737.4%
      Bay Springs, MS1,6138020.3%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.