Cost Of Living in Magnolia, MS

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A+

17%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

56%

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	Magnolia	Mississippi	National
Cost of living	83	86	100
Groceries	101	97	100
Health care	97	95	100
Housing	44	63	100
Transportation	99	94	100
Utilities	103	98	100
Lifestyle & Entertainment	96	94	100
Household Items	100	96	100
Education & Childcare	100	94	100

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Homes For Sale In Magnolia, MS

2062 Union Church Rd

Magnolia, MS

Emerald State Line Rd

Magnolia, MS

225 W Railroad Ave N

Magnolia, MS

350 Price St

Magnolia, MS

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Cost Of Living Quick Facts

The cost of living in Magnolia is 3% lower than the Mississippi average
The cost of living in Magnolia is 17% lower than the national average
Magnolia housing is 56% 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	$63,842	$5,320	$1,490	$1,915
Renters	$28,082	$2,340	$655	$843

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.
Osyka, MS	619	85	15.1%
McComb, MS	13,253	87	12.9%
Summit, MS	2,730	88	12.2%
Magnolia, MS	3,086	83	17.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Milford, IA	3,086	90	9.6%
Fairview CDP, NC	3,086	100	0.4%
Pembroke, NC	3,085	86	13.5%
Admaston/Bromley, ON	3,085	n/a
Granite Quarry, NC	3,084	95	4.6%
Magnolia, MS	3,086	83	17.1%

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.

Cost of Living in Magnolia, MS

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

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