Cost Of Living in Fayette, MS

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22%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

61%

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	Fayette	Mississippi	National
Cost of living	78	86	100
Groceries	97	97	100
Health care	91	95	100
Housing	39	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

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Homes For Sale In Fayette, MS

River Rd

Fayette, MS

5454 Poplar Hill Rd

Fayette, MS

01 Stampley RD

Roxie, MS

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Cost Of Living Quick Facts

The cost of living in Fayette is 9% lower than the Mississippi average
The cost of living in Fayette is 22% lower than the national average
Fayette housing is 61% 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,830	$5,236	$1,466	$1,885
Renters	$13,229	$1,102	$309	$397

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.
Roxie, MS	506	80	20.2%
St. Joseph, LA	821	80	20.1%
Alcorn State University, MS	1,014	83	17.2%
Fayette, MS	1,581	78	22.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Ballplay, AL	1,581	82	18.2%
Gleason, TN	1,581	82	17.8%
London, CA	1,582	108	7.9%
Worthington, IN	1,582	82	18.2%
Bingham Farms, MI	1,580	130	29.6%
Fayette, MS	1,581	78	22.3%