Cost of Living in Falkner, MS

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17%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
47%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Falkner Mississippi National
Cost of living8386100
Groceries9897100
Health care9395100
Housing5363100
Transportation9594100
Utilities9998100
Lifestyle & Entertainment9394100
Household Items9896100
Education & Childcare9694100
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Homes For Sale In Falkner, MS

property for sale

2321 Hamilton Rd

Falkner, MS
property for sale

County Road 414

Falkner, MS
property for sale

County Road 409

Falkner, MS
property for sale

2295 Chapman Rd

Falkner, MS

Cost Of Living Quick Facts

  • The cost of living in Falkner is 3% lower than the Mississippi average
  • The cost of living in Falkner is 17% lower than the national average
  • Falkner housing is 47% 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

Most Affordable Places to Live in and Around Falkner

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$90,396$7,533$2,109$2,712
      Renters$56,102$4,675$1,309$1,683

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Blue Mountain, MS1,2617921.0%
      Walnut, MS1,2878218.1%
      Ashland, MS5128415.7%
      Dumas, MS4178416.2%
      Grand Junction, TN4008515.1%
      Falkner, MS9548316.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Coleman, FL954927.9%
      Leadington, MO9549010.1%
      Seligman, MO9548119.5%
      Tully, NY9541011.2%
      DeSales University, PA954991.2%
      Falkner, MS9548316.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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