Cost of Living in Gulf Park Estates, MS

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2%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
0%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Gulf Park Estates Mississippi National
Cost of living9883100
Goods & Services9492100
Groceries9896100
Health care11294100
Housing10063100
Transportation9188100
Utilities10589100
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Homes For Sale In Gulf Park Estates, MS

property for sale

3421 N 10th St

Ocean Springs, MS
property for sale

1820 S 2nd St

Ocean Springs, MS
property for sale

Ocean Springs Rd

Ocean Springs, MS
property for sale

8909 Mermaid Ave

Ocean Springs, MS

Cost Of Living Quick Facts

  • The cost of living in Gulf Park Estates is 18% higher than the Mississippi average
  • The cost of living in Gulf Park Estates is 2% lower than the national average
  • Gulf Park Estates housing is equal to 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 Gulf Park Estates

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Compare Gulf Park Estates, 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 Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,059$6,755$1,891$2,432
      Renters$83,766$6,981$1,954$2,513
      A good way to judge both the affordability of the housing and the cost of living in Gulf Park Estates is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Gulf Park Estates has a median income of about $81,059 for people who own homes. Based on that number, a maximum of $1,891 should be spent on expenses related to housing. Renters have a slightly different median income, which is $83,766. Based on this average, renters should spend no more than $1,954 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%

      Goods & Services

      Item Gulf Park Estates National avg. Difference
      Haircut $23.04$27.6216.6%
      Beauty Salon $40.83$51.1120.1%
      Toothpaste $4.02$4.091.8%
      Shampoo $1.65$1.547.0%
      Movie $12.87$12.880.1%
      Yoga $20.00$19.661.7%

      Groceries

      Item Gulf Park Estates National avg. Difference
      Ground Beef $7.65$7.700.7%
      Fried Chicken $1.38$1.6617.0%
      Milk $4.78$4.731.0%
      Potatoes $5.61$5.266.7%
      Pizza $12.47$12.762.3%
      Beer $10.36$10.551.8%

      Health Care

      Item Gulf Park Estates National avg. Difference
      Optometrist $135.51$140.063.2%
      Doctor $134.17$153.8212.8%
      Dentist $152.89$123.1524.2%
      Ibuprofen $11.52$11.731.8%
      Lipitor $29.32$23.6124.2%

      Housing

      Item Gulf Park Estates National avg. Difference
      Home Price $281,969.00$326,622.0013.7%
      Avg. Mortgage Payment $1,780.11$2,480.2528.2%
      Apartment Rent $1,906.00$1,444.0032.0%

      Transportation

      Item Gulf Park Estates National avg. Difference
      Gasoline $2.89$3.065.3%
      Tire Balancing $54.51$65.2116.4%

      Utilities

      Item Gulf Park Estates National avg. Difference
      All Electricity $237.88$220.128.1%
      Phone $193.60$195.711.1%
      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.
      Escatawpa, MS3,0508713.4%
      Moss Point, MS13,7348712.9%
      Pascagoula, MS22,4928812.0%
      St. Martin, MS8,380919.4%
      Gautier, MS19,005937.2%
      Gulf Park Estates, MS6,435982.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rancho Calaveras, CA6,43613838.1%
      Oliver Paipoonge, ON6,433n/a 
      Solvay, NY6,437928.4%
      Avra Valley, AZ6,432919.5%
      Ocean Shores, WA6,43211616.5%
      Gulf Park Estates, MS6,435982.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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