Cost of living in Aberdeen research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Aberdeen is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Mississippi, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Aberdeen is 76, with 100 being the average.
The cost of living index in Aberdeen is 0.8x lower than the national average.
Aberdeen ranks as the #1 cheapest in Mississippi out of 69.
Aberdeen ranks as the #54 cheapest out of 6,412 in the US.
The median home value in Aberdeen is $86,000.
The median income in Aberdeen is $46,290.
According to the most recent data on the cost of living, Aberdeen has an overall cost of living index of 76, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Aberdeen has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in Aberdeen ranks as #1 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Aberdeen ranks as the #68 most expensive place in the Magnolia State.
For more reading on life in Aberdeen, check out:
Six factors go into calculating the cost of living index in Aberdeen. Here is how it fairs on each of the criteria:
The Services index in Aberdeen is 87.
The Groceries index in Aberdeen is 84.
The Health index in Aberdeen is 78.
The Housing index in Aberdeen is 45.
The Transportation index in Aberdeen is 87.
The Utilities index in Aberdeen is 88.
Living Expense | Aberdeen | Mississippi | National Average | |
---|---|---|---|---|
Overall | 76 | 86 | 100 | |
Services | 87 | 92 | 100 | |
Groceries | 84 | 94 | 100 | |
Health | 78 | 98 | 100 | |
Housing | 45 | 69 | 100 | |
Transportation | 87 | 91 | 100 | |
Utilities | 88 | 87 | 100 |
Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Aberdeen is $86,000.
The Median Rent in Aberdeen is $646.
The Median Income in Aberdeen is $46,290.
The Home Value To Income in Aberdeen is 1.9x.
The Rent To Monthly Income in Aberdeen is 0.17x.
Statistic | Aberdeen | Mississippi | United States |
---|---|---|---|
Median Home Value | $86,000 | $133,000 | $244,900 |
Median Rent | $646 | $830 | $1,163 |
Median Income | $46,290 | $49,111 | $69,021 |
Home Value To Income | 1.9x | 2.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Aberdeen | Mississippi |
---|---|---|
Shampoo | $0.91 | $1.06 |
Movie | $9.75 | $10.68 |
Bowling | $10.0 | $14.67 |
Haircut | $16.33 | $18.62 |
Beauty Salon | $21.89 | $39.05 |
Item | Aberdeen | Mississippi |
---|---|---|
Ground Beef | $3.44 | $4.22 |
Fried Chicken | $0.95 | $1.39 |
Milk | $1.03 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $10.08 | $10.62 |
Beer | $8.7 | $9.38 |
Toothpaste | $1.63 | $2.34 |
Item | Aberdeen | Mississippi |
---|---|---|
Optometrist | $97.78 | $108.57 |
Doctor | $58.33 | $116.17 |
Dentist | $81.11 | $99.13 |
Item | Aberdeen | Mississippi |
---|---|---|
Gasoline | $1.91 | $2.22 |
Tire Balancing | $45.33 | $50.07 |
Item | Aberdeen | Mississippi |
---|---|---|
All Electricity | $131.41 | $167.67 |
Phone | $181.26 | $175.64 |
The cost of living varies in the cities and towns around Aberdeen. Here's a quick look at the cost of living in the most populous nearby places:
Tupelo, MS has a cost of living index of 82, 1.1x Aberdeen.
Starkville, MS has a cost of living index of 88, 1.2x Aberdeen.
Columbus, MS has a cost of living index of 81, 1.1x Aberdeen.
City | Population | Cost Of Living | Vs. Aberdeen |
---|---|---|---|
Tupelo, MS | 37,872 | 82 | 1.1x |
Starkville, MS | 24,578 | 88 | 1.2x |
Columbus, MS | 23,858 | 81 | 1.1x |
West Point, MS | 10,148 | 79 | 1.0x |
Amory, MS | 6,665 | 79 | 1.0x |
Pontotoc, MS | 5,621 | 80 | 1.1x |