Cost Of Living in Sharon, MS

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21%

Overall NAT. AVG.

4%

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	Sharon	Mississippi	National
Cost of living	79	86	100
Groceries	96	97	100
Health care	93	95	100
Housing	44	63	100
Transportation	96	94	100
Utilities	96	98	100
Lifestyle & Entertainment	94	94	100
Household Items	94	96	100
Education & Childcare	93	94	100

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Homes For Sale In Sharon, MS

73 Mayfield Rd

Laurel, MS

Cost Of Living Quick Facts

The cost of living in Sharon is 7% lower than the Mississippi average
The cost of living in Sharon is 21% lower than the national average
Sharon 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	$155,313	$12,943	$3,624	$4,660
Renters	$0	$0	$0	$0

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.
Ellisville, MS	4,819	83	16.6%
Heidelberg, MS	931	84	16.0%
Laurel, MS	18,971	84	16.2%
Bay Springs, MS	1,791	86	14.4%
Sandersville, MS	684	86	13.9%
Sharon, MS	1,849	79	20.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Montpelier, IN	1,849	78	21.5%
El Valle de Arroyo Seco, NM	1,849	97	3.3%
Bonneauville, PA	1,849	99	1.1%
Loretto, TN	1,849	84	15.8%
Delaware City, DE	1,848	103	2.6%
Sharon, MS	1,849	79	20.6%