Cost Of Living in Shelby, MS

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20%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

55%

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	Shelby	Mississippi	National
Cost of living	80	86	100
Groceries	96	97	100
Health care	97	95	100
Housing	45	63	100
Transportation	98	94	100
Utilities	97	98	100
Lifestyle & Entertainment	92	94	100
Household Items	96	96	100
Education & Childcare	95	94	100

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Homes For Sale In Shelby, MS

1302 Camponovo

Shelby, MS

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Cost Of Living Quick Facts

The cost of living in Shelby is 6% lower than the Mississippi average
The cost of living in Shelby is 20% lower than the national average
Shelby housing is 55% 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	$50,779	$4,232	$1,185	$1,524
Renters	$14,635	$1,220	$341	$439

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.
Duncan, MS	327	96	4.2%
Mound Bayou, MS	1,730	80	20.4%
Gunnison, MS	442	80	20.3%
Renova, MS	799	80	20.3%
Drew, MS	2,433	80	20.2%
Shelby, MS	1,701	80	19.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Spring Valley, AZ	1,701	90	10.5%
Poquonock Bridge, CT	1,701	105	4.5%
Rossville, IN	1,701	91	9.0%
Bessemer, MI	1,701	84	16.3%
Arlington, NE	1,701	97	2.6%
Shelby, MS	1,701	80	19.5%