| Index | Water Valley | Mississippi | National |
| Cost of living | 83 | 86 | 100 |
| Groceries | 98 | 97 | 100 |
| Health care | 93 | 95 | 100 |
| Housing | 51 | 63 | 100 |
| Transportation | 95 | 94 | 100 |
| Utilities | 99 | 98 | 100 |
| Lifestyle & Entertainment | 93 | 94 | 100 |
| Household Items | 98 | 96 | 100 |
| Education & Childcare | 96 | 94 | 100 |

| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $69,505 | $5,792 | $1,622 | $2,085 |
| Renters | $32,901 | $2,742 | $768 | $987 |
| 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. |
| University, MS | 3,833 | 96 | 3.8% |
| Coffeeville, MS | 1,037 | 83 | 17.1% |
| Taylor, MS | 304 | 95 | 4.6% |
| Oxford, MS | 28,503 | 107 | 7.1% |
| Water Valley, MS | 3,392 | 83 | 17.4% |
| City | Population | Cost of Living Index | National Avg. |
| Harlem, GA | 3,392 | 92 | 7.9% |
| Okemah, OK | 3,392 | 79 | 21.4% |
| Cherryvale, SC | 3,392 | 81 | 18.9% |
| Andrews AFB, MD | 3,393 | 147 | 47.3% |
| Pistakee Highlands, IL | 3,390 | 103 | 3.2% |
| Water Valley, MS | 3,392 | 83 | 17.4% |