Cost of Living in Waveland, MS

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A+
9%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
17%
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 Waveland Mississippi National
Cost of living9186100
Groceries9597100
Health care9695100
Housing8363100
Transportation9294100
Utilities9898100
Lifestyle & Entertainment9594100
Household Items9596100
Education & Childcare9494100
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Homes For Sale In Waveland, MS

property for sale

Dicks St

Waveland, MS
property for sale

108 Market St

Waveland, MS
property for sale

403 Saint Jude St

Waveland, MS
property for sale

Coral St

Waveland, MS
See the Newest Homes For Sale In Waveland, MS

Cost Of Living Quick Facts

  • The cost of living in Waveland is 7% higher than the Mississippi average
  • The cost of living in Waveland is 9% lower than the national average
  • Waveland housing is 17% 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

Most Affordable Places to Live in and Around Waveland

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      The best places in Mississippi

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      This is how much you would need to earn in
      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$132,074$11,006$3,082$3,963
      Renters$39,935$3,328$932$1,198
      The affordability of the housing market in Waveland, MS as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Waveland homeowners, the median income is $132,074. This indicates that a monthly maximum of $3,082 should be spent by homeowners on all housing related costs. Renters have a median income of $39,935. This indicates that renters would have a maximum of $932 for their rent related monthly costs.

      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.
      Pearlington, MS8338316.7%
      Kiln, MS2,513927.6%
      Long Beach, MS16,179955.1%
      Diamondhead, MS8,346954.6%
      Henderson Point, MS286964.2%
      Waveland, MS6,520918.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Brookhaven, WV6,522954.8%
      Ranchettes, WY6,51612020.2%
      Skowhegan, ME6,525936.9%
      Belpre, OH6,5278712.8%
      Huntington Woods, MI6,52813232.2%
      Waveland, MS6,520918.6%
      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.
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