Long Beach cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexLong BeachMississippiNational
Cost of living index9382100
IndexLong BeachMississippiNational
Goods & Services index9889100
Groceries index9794100
Health care index9191100
Housing index8563100
Transportation index9891100
Utilities index9389100
Displayed above is a general overview of the Long Beach, MS cost of living index. The overall cost of living index in Long Beach, MS is 93, which is 13% higher than the Mississippi average and 7% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Long Beach, MS are 10% higher than the Mississippi average and 2% lower than the national average.

Did you know?

  • The cost of living in Long Beach is 13% higher than the Mississippi average.
  • The cost of living in Long Beach is 7% lower than the national average.
  • The cost of housing in Long Beach is 15% lower than the national average.
  • Mississippi general sales tax is 37% higher than the national average.
  • Mississippi state income tax is 35% higher than the national average.

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Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Long Beach, MS would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Long Beach, MS, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Long Beach, MS salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,472$4,873$1,364$1,754
Renters$45,745$3,812$1,067$1,372
The affordability of the housing market in Long Beach, MS as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Long Beach, MS homeowners, the median income is $58,472. This indicates that a monthly maximum of $1,364 should be spent by homeowners on all housing related costs. Renters have a median income of $45,745. This indicates that renters should have a maximum of $1,067 used for their rent related monthly costs.

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%
When assessing the complete cost of living in Long Beach, MS, the Mississippi income tax and the Mississippi sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Mississippi maximum surtax is 7.25%, and the Mississippi sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3% to 5% in Mississippi.

Goods & Services

ItemLong BeachNational avg.Difference
Haircut $14.78$16.098.1%
Beauty Salon $31.68$37.3315.1%
Toothpaste $2.56$2.454.7%
Shampoo $1.21$1.0021.3%
Movie $10.23$10.280.5%
Bowling $3.98$4.9319.3%

Groceries

ItemLong BeachNational avg.Difference
Ground Beef $3.59$3.805.6%
Fried Chicken $1.11$1.4020.5%
Milk $2.32$2.0115.7%
Potatoes $3.29$3.019.2%
Pizza $10.43$9.895.5%
Beer $8.00$8.9010.1%

Health Care

ItemLong BeachNational avg.Difference
Optometrist $87.83$102.1614.0%
Doctor $87.58$108.3619.2%
Dentist $87.50$92.535.4%
Ibuprofen $8.53$9.288.1%
Lipitor $424.33$425.820.4%

Housing

ItemLong BeachNational avg.Difference
Home Price $143,900.00$184,700.0022.1%
Avg. Mortgage Payment $781.75$1,202.4435.0%
Apartment Rent $955.00$949.000.6%

Transportation

ItemLong BeachNational avg.Difference
Gasoline $2.05$2.248.6%
Tire Balancing $51.72$46.2911.7%

Utilities

ItemLong BeachNational avg.Difference
All Electricity$114.10$165.9631.2%
Phone $35.39$28.6823.4%
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, StatePopulationCost of Living IndexNational Avg.
Waveland, MS6,45489-11%
Gulfport, MS71,26589-11%
Bay St. Louis, MS11,44892-8%
Pass Christian, MS5,30293-7%
Lyman, MS2,42194-6%
Long Beach, MS15,45093-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Franklin Park, NJ15,45412424%
Roanoke Rapids, NC15,45491-9%
Jamestown, ND15,44190-10%
Lamont, CA15,43997-3%
Eden, NC15,43477-23%
Long Beach, MS15,45093-7%
Source: The Long Beach, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.