| Index | Natchez | Mississippi | National |
| Cost of living | 84 | 86 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 96 | 95 | 100 |
| Housing | 56 | 63 | 100 |
| Transportation | 94 | 94 | 100 |
| Utilities | 101 | 98 | 100 |
| Lifestyle & Entertainment | 99 | 94 | 100 |
| Household Items | 97 | 96 | 100 |
| Education & Childcare | 91 | 94 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Natchez? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Natchez stands at 84, making it 16% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
It's not uncommon for housing expenses to eat up a substantial portion of your income, oten exceeding 30%. The good news is that Natchez stands out by reporting housing costs that are 44.1% lower than the national average. This signifies that both homeownership and rental expenses in this region are considerably more affordable compared to the rest of the country. This favorable housing situation allows residents to allocate a more manageable portion of their income to housing, resulting in greater financial flexibility.
Is Natchez affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Natchez, for instance, where the median home price falls 45.7% lower than the national average, and monthly rent rates are 40.3% lower than usual. Additionally, median income levels contribute to the equation, with Natchez flaunting a median household income of $40,424, 50.3% lower than the national norm.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Natchez, the transportation index is 6.2% lower than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Natchez, the utilities index registers 0.6% higher than the national average.
The cost of living data for Natchez shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Groceries index | |
| Health care index | |
| Housing index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $64,940 | $5,412 | $1,515 | $1,948 |
| Renters | $23,145 | $1,929 | $540 | $694 |
| State | General Sales Tax | With Max Surtax |
| Mississippi | 7% | 7.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Mississippi | 5% | 5% |
| City | Population | Cost of Living Index | National Avg. |
| Cloverdale, MS | 640 | 96 | 3.6% |
| Ridgecrest, LA | 696 | 78 | 22.1% |
| Ferriday, LA | 3,328 | 81 | 18.6% |
| Minorca, LA | 1,774 | 84 | 15.5% |
| Morgantown, MS | 1,860 | 85 | 14.7% |
| Natchez, MS | 15,207 | 84 | 15.8% |
| City | Population | Cost of Living Index | National Avg. |
| Kemp Mill, MD | 15,201 | 148 | 47.5% |
| Jacksonville, TX | 15,199 | 87 | 13.2% |
| Ramsey, NJ | 15,215 | 165 | 65.2% |
| Lake Country, BC | 15,217 | n/a | |
| South Farmingdale, NY | 15,218 | 146 | 46.4% |
| Natchez, MS | 15,207 | 84 | 15.8% |
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