Myrtle 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.
IndexMyrtleMississippiNational
Cost of living index7382100
IndexMyrtleMississippiNational
Goods & Services index8189100
Groceries index9194100
Health care index9391100
Housing index4563100
Transportation index9591100
Utilities index7489100

Did you know?

  • The cost of living in Myrtle is 12% lower than the Mississippi average.
  • The cost of living in Myrtle is 27% lower than the national average.
  • The cost of housing in Myrtle is 55% 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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Compare Myrtle, MS Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,250$5,271$1,476$1,898
Renters$16,000$1,333$373$480

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%

Goods & Services

ItemMyrtleNational avg.Difference
Haircut $13.89$16.0913.6%
Beauty Salon $24.32$37.3334.9%
Toothpaste $1.68$2.4531.5%
Shampoo $0.74$1.0025.7%
Movie $9.50$10.287.6%
Bowling $4.25$4.9313.8%

Groceries

ItemMyrtleNational avg.Difference
Ground Beef $3.48$3.808.6%
Fried Chicken $1.04$1.4025.5%
Milk $1.98$2.011.5%
Potatoes $3.20$3.016.3%
Pizza $9.36$9.895.3%
Beer $7.99$8.9010.2%

Health Care

ItemMyrtleNational avg.Difference
Optometrist $129.00$102.1626.3%
Doctor $81.00$108.3625.2%
Dentist $91.50$92.531.1%
Ibuprofen $8.18$9.2811.8%
Lipitor $437.11$425.822.7%

Housing

ItemMyrtleNational avg.Difference
Home Price $84,000.00$184,700.0054.5%
Avg. Mortgage Payment $840.45$1,202.4430.1%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemMyrtleNational avg.Difference
Gasoline $2.03$2.249.4%
Tire Balancing $48.00$46.293.7%

Utilities

ItemMyrtleNational avg.Difference
All Electricity$128.77$165.9622.4%
Phone $20.00$28.6830.3%
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.
Blue Mountain, MS1,07772-28%
Hickory Flat, MS67374-26%
Potts Camp, MS66174-26%
Ripley, MS5,33675-25%
Blue Springs, MS25578-22%
Myrtle, MS50773-27%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Winchester, OK50792-8%
Kirkersville, OH50785-15%
Spring Bay, IL50794-6%
Bentley, KS50790-10%
Wausaukee, WI50780-20%
Myrtle, MS50773-27%
Source: The Myrtle, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.