Golden, Mississippi Cost Of Living

Buy Rent

A+

Overall 25%

Goods & Services 9%

Housing 58%

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	Golden	Mississippi	National
Cost of living	75	82	100
Goods & Services	91	91	100
Groceries	86	92	100
Health care	86	95	100
Housing	42	63	100
Transportation	91	86	100
Utilities	87	91	100

Key findings

The cost of living in Golden is 9% lower than the Mississippi average
The cost of living in Golden is 25% lower than the national average
Golden housing is 58% 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

Most Affordable Places to Live in and Around Golden

See all the best places to live around Golden

Compare Golden, MS Cost of Living

See all Golden poll results

The best places in Mississippi

Here are the best places to live in Mississippi

Check out the 10 safest cities in Mississippi

Top 10 cities in Mississippi with the best education system

See the best places to live in & around Golden

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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$32,083	$2,674	$749	$963
Renters	$17,500	$1,458	$408	$525

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	Golden	National avg.	Difference
Haircut	$19.56	$20.27	3.5%
Beauty Salon	$21.45	$40.39	46.9%
Toothpaste	$1.75	$2.36	25.8%
Shampoo	$0.91	$1.08	15.8%
Movie	$9.75	$10.99	11.3%
Bowling	$13.72	$15.49	11.4%

Groceries

Item	Golden	National avg.	Difference
Ground Beef	$3.13	$4.30	27.2%
Fried Chicken	$0.94	$1.40	33.1%
Milk	$1.49	$2.20	32.2%
Potatoes	$2.50	$3.22	22.3%
Pizza	$11.08	$10.74	3.2%
Beer	$8.98	$9.60	6.4%

Health Care

Item	Golden	National avg.	Difference
Optometrist	$101.78	$109.73	7.2%
Doctor	$68.89	$118.34	41.8%
Dentist	$86.78	$100.94	14.0%
Ibuprofen	$9.32	$9.93	6.2%
Lipitor	$509.24	$469.53	8.5%

Housing

Item	Golden	National avg.	Difference
Home Price	$75,000.00	$184,700.00	59.4%
Avg. Mortgage Payment	$849.35	$1,229.62	30.9%
Apartment Rent	$428.00	$949.00	54.9%

Transportation

Item	Golden	National avg.	Difference
Gasoline	$2.32	$2.71	14.5%
Tire Balancing	$52.22	$51.86	0.7%

Utilities

Item	Golden	National avg.	Difference
All Electricity	$132.83	$170.84	22.3%
Phone	$184.64	$187.18	1.4%

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

City	Population	Cost of Living Index	National Avg.
Paden, MS	99	75	25.3%
Vina, AL	300	75	25.2%
Tishomingo, MS	456	75	25.0%
Hodges, AL	301	76	24.3%
Red Bay, AL	3,127	75	24.6%
Golden, MS	193	75	25.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Iliff, CO	193	85	15.4%
Elberon, IA	193	83	17.0%
Hancock, IA	193	84	15.6%
Leighton, IA	193	80	19.9%
Midvale, ID	193	93	6.6%
Golden, MS	193	75	25.1%

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