Cost Of Living in Waynesboro, MS

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21%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

59%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Waynesboro	Mississippi	National
Cost of living	79	83	100
Goods & Services	97	92	100
Groceries	97	97	100
Health care	106	98	100
Housing	41	63	100
Transportation	93	88	100
Utilities	89	86	100

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Cost Of Living Quick Facts

The cost of living in Waynesboro is 5% lower than the Mississippi average
The cost of living in Waynesboro is 21% lower than the national average
Waynesboro housing is 59% 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$19,648	$1,637	$458	$589
Renters	$0	$0	$0	$0

The affordability of the housing market in Waynesboro, 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 Waynesboro homeowners, the median income is $19,648. This indicates that a monthly maximum of $458 should be spent by homeowners on all housing related costs. Renters have a median income of $0. This indicates that renters would have a maximum of $0 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%

Goods & Services

Item	Waynesboro	National avg.	Difference
Haircut	$24.75	$24.26	2.0%
Beauty Salon	$45.72	$45.56	0.4%
Toothpaste	$3.59	$3.70	3.0%
Shampoo	$1.17	$1.28	8.4%
Movie	$10.62	$12.13	12.4%
Bowling	$17.33	$18.00	3.7%

Groceries

Item	Waynesboro	National avg.	Difference
Ground Beef	$5.76	$5.84	1.4%
Fried Chicken	$1.74	$1.57	10.7%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.16	$4.93	4.6%
Pizza	$11.24	$12.09	7.0%
Beer	$9.16	$10.41	12.0%

Health Care

Item	Waynesboro	National avg.	Difference
Optometrist	$122.28	$125.68	2.7%
Doctor	$128.94	$135.78	5.0%
Dentist	$138.76	$113.29	22.5%
Ibuprofen	$10.07	$10.65	5.4%
Lipitor	$491.22	$468.60	4.8%

Housing

Item	Waynesboro	National avg.	Difference
Home Price	$68,300.00	$184,700.00	63.0%
Avg. Mortgage Payment	$1,663.88	$2,346.69	29.1%
Apartment Rent	$477.00	$949.00	49.7%

Transportation

Item	Waynesboro	National avg.	Difference
Gasoline	$3.08	$3.46	11.0%
Tire Balancing	$60.67	$59.92	1.2%

Utilities

Item	Waynesboro	National avg.	Difference
All Electricity	$162.85	$193.99	16.1%
Phone	$187.62	$192.25	2.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Buckatunna, MS	360	96	4.5%
Shubuta, MS	422	76	24.0%
Clara, MS	551	80	20.4%
Waynesboro, MS	4,882	79	20.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Clarks Summit, PA	4,882	99	1.3%
Brookridge, FL	4,881	86	13.5%
Cherokee Village, AR	4,883	79	20.6%
Cherokee, IA	4,883	80	19.8%
Port Allen, LA	4,883	93	7.4%
Waynesboro, MS	4,882	79	20.8%