A-
Overall 19%
Goods & Services 9%
Housing 39%
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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.
IndexColumbusMississippiNational
Cost of living8182100
Goods & Services9191100
Groceries8692100
Health care8695100
Housing6163100
Transportation9186100
Utilities8791100

Key findings

  • The cost of living in Columbus is 2% lower than the Mississippi average
  • The cost of living in Columbus is 19% lower than the national average
  • Columbus housing is 39% 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 Columbus, MS Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$45,893$3,824$1,071$1,377
      Renters$21,618$1,802$504$649
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Columbus, MS, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Columbus, homeowners have a median income of $45,893. Using that number, a maximum of $1,071 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $21,618, which means there is a maximum of $504 to be spent on the costs of renting a home or apartment.

      Mississippi Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Mississippi7%7.25%

      Mississippi Income Tax

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

      Goods & Services

      ItemColumbusNational avg.Difference
      Haircut $19.56$20.273.5%
      Beauty Salon $21.45$40.3946.9%
      Toothpaste $1.75$2.3625.8%
      Shampoo $0.91$1.0815.8%
      Movie $9.75$10.9911.3%
      Bowling $13.72$15.4911.4%

      Groceries

      ItemColumbusNational avg.Difference
      Ground Beef $3.13$4.3027.2%
      Fried Chicken $0.94$1.4033.1%
      Milk $1.49$2.2032.2%
      Potatoes $2.50$3.2222.3%
      Pizza $11.08$10.743.2%
      Beer $8.98$9.606.4%

      Health Care

      ItemColumbusNational avg.Difference
      Optometrist $101.78$109.737.2%
      Doctor $68.89$118.3441.8%
      Dentist $86.78$100.9414.0%
      Ibuprofen $9.32$9.936.2%
      Lipitor $509.24$469.538.5%

      Housing

      ItemColumbusNational avg.Difference
      Home Price $102,000.00$184,700.0044.8%
      Avg. Mortgage Payment $849.35$1,229.6230.9%
      Apartment Rent $709.00$949.0025.3%

      Transportation

      ItemColumbusNational avg.Difference
      Gasoline $2.32$2.7114.5%
      Tire Balancing $52.22$51.860.7%

      Utilities

      ItemColumbusNational avg.Difference
      All Electricity$132.83$170.8422.3%
      Phone $184.64$187.181.4%
      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.
      Macedonia, AL1558910.9%
      Ethelsville, AL1717327.2%
      Crawford, MS4997723.3%
      Artesia, MS3677326.6%
      West Point, MS11,0427821.9%
      Columbus, MS24,8338119.3%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Austin, MN24,8418415.7%
      West Odessa, TX24,8218515.2%
      Elmwood Park, IL24,84511010.3%
      Galt, CA24,84811615.8%
      Coronado, CA24,852254153.6%
      Columbus, MS24,8338119.3%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.