Decatur, Mississippi Cost Of Living

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B+

Overall 16%

Goods & Services 5%

Housing 40%

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.
Index	Decatur	Mississippi	National
Cost of living	84	82	100
Goods & Services	96	91	100
Groceries	92	92	100
Health care	95	95	100
Housing	60	63	100
Transportation	92	86	100
Utilities	96	91	100

Key findings

The cost of living in Decatur is 2% higher than the Mississippi average
The cost of living in Decatur is 16% lower than the national average
Decatur housing is 40% 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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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	$66,979	$5,582	$1,563	$2,010
Renters	$18,750	$1,563	$437	$563

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	3%	5%

Goods & Services

Item	Decatur	National avg.	Difference
Haircut	$17.53	$20.27	13.5%
Beauty Salon	$36.11	$40.39	10.6%
Toothpaste	$2.04	$2.36	13.5%
Shampoo	$1.05	$1.08	2.4%
Movie	$11.67	$10.99	6.2%
Bowling	$12.44	$15.49	19.7%

Groceries

Item	Decatur	National avg.	Difference
Ground Beef	$4.43	$4.30	3.0%
Fried Chicken	$1.23	$1.40	11.9%
Milk	$2.03	$2.20	8.0%
Potatoes	$3.24	$3.22	0.6%
Pizza	$9.40	$10.74	12.4%
Beer	$7.81	$9.60	18.6%

Health Care

Item	Decatur	National avg.	Difference
Optometrist	$98.02	$109.73	10.7%
Doctor	$88.83	$118.34	24.9%
Dentist	$114.25	$100.94	13.2%
Ibuprofen	$9.36	$9.93	5.7%
Lipitor	$430.75	$469.53	8.3%

Housing

Item	Decatur	National avg.	Difference
Home Price	$103,700.00	$184,700.00	43.9%
Avg. Mortgage Payment	$960.74	$1,229.62	21.9%
Apartment Rent	$641.00	$949.00	32.5%

Transportation

Item	Decatur	National avg.	Difference
Gasoline	$2.33	$2.71	14.1%
Tire Balancing	$52.95	$51.86	2.1%

Utilities

Item	Decatur	National avg.	Difference
All Electricity	$160.90	$170.84	5.8%
Phone	$184.26	$187.18	1.6%

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

City	Population	Cost of Living Index	National Avg.
Hickory, MS	589	78	22.3%
Newton, MS	3,346	79	21.1%
Conehatta, MS	1,148	79	20.7%
Lake, MS	532	80	20.3%
Union, MS	1,860	80	20.1%
Decatur, MS	2,087	84	16.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Ocean View, DE	2,087	126	26.3%
Walkerton, IN	2,087	82	17.9%
Detroit Beach, MI	2,087	92	7.5%
Carnegie, OK	2,087	76	24.3%
Vale, OR	2,087	87	13.5%
Decatur, MS	2,087	84	16.1%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.