| Index | Byram | Mississippi | National |
| Cost of living | 93 | 86 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 91 | 95 | 100 |
| Housing | 89 | 63 | 100 |
| Transportation | 92 | 94 | 100 |
| Utilities | 96 | 98 | 100 |
| Lifestyle & Entertainment | 90 | 94 | 100 |
| Household Items | 96 | 96 | 100 |
| Education & Childcare | 97 | 94 | 100 |
Knowing the cost of living in Byram allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Byram stands at 93, marking it 7% lower than the national average.
The cost of living in Byram closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Byram can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Byram an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Byram, the median home price is 22.2% lower than what most folks pay across the country, and monthly rent prices are 14.5% higher than the usual rates. Income levels in Byram come in at $99,777, which is 22.7% higher than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Byram, is 11.2% lower than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Byram, the transportation index is 8.2% lower than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Byram, the baseline sales tax rate begins at 7%, and income tax rates start at 5%.
The cost of living estimates displayed for Byram are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $115,996 | $9,666 | $2,706 | $3,480 |
| Renters | $76,358 | $6,363 | $1,782 | $2,291 |
| State | General Sales Tax | With Max Surtax |
| Mississippi | 7% | 7.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Mississippi | 5% | 5% |
| City | Population | Cost of Living Index | National Avg. |
| Bolton, MS | 892 | 77 | 23.3% |
| Crystal Springs, MS | 4,895 | 82 | 17.7% |
| Jackson, MS | 168,127 | 85 | 15.5% |
| Cleary, MS | 1,903 | 86 | 14.5% |
| Raymond, MS | 2,056 | 86 | 14.3% |
| Byram, MS | 11,831 | 93 | 7.4% |
| City | Population | Cost of Living Index | National Avg. |
| Nanakuli, HI | 11,830 | 145 | 45.1% |
| Lakeland Highlands, FL | 11,828 | 121 | 20.6% |
| Madison Heights, VA | 11,834 | 96 | 4.0% |
| Hamilton Square, NJ | 11,836 | 126 | 25.7% |
| Bridgeton, MO | 11,823 | 97 | 3.0% |
| Byram, MS | 11,831 | 93 | 7.4% |
Here are the best places to live in Mississippi
These are the largest cities in Mississippi
Most Dangerous Cities In The US
These are the 10 cheapest cities in Mississippi