Cost of living in Batesville 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 Batesville 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 Batesville is 82, with 100 being the average.
The cost of living index in Batesville is 0.8x lower than the national average.
Batesville ranks as the #24 cheapest in Mississippi out of 69.
Batesville ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Batesville is $168,000.
The median income in Batesville is $52,346.
According to the most recent data on the cost of living, Batesville has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Batesville has a cost of living index that's 1.0x lower than Mississippi's index of 86.
The standard of living in Batesville ranks as #24 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Batesville ranks as the #45 most expensive place in the Magnolia State.
For more reading on life in Batesville, check out:
Six factors go into calculating the cost of living index in Batesville. Here is how it fairs on each of the criteria:
The Services index in Batesville is 93.
The Groceries index in Batesville is 90.
The Health index in Batesville is 80.
The Housing index in Batesville is 72.
The Transportation index in Batesville is 84.
The Utilities index in Batesville is 88.
Living Expense | Batesville | Mississippi | National Average | |
---|---|---|---|---|
Overall | 82 | 86 | 100 | |
Services | 93 | 92 | 100 | |
Groceries | 90 | 94 | 100 | |
Health | 80 | 98 | 100 | |
Housing | 72 | 69 | 100 | |
Transportation | 84 | 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 Batesville is $168,000.
The Median Rent in Batesville is $812.
The Median Income in Batesville is $52,346.
The Home Value To Income in Batesville is 3.2x.
The Rent To Monthly Income in Batesville is 0.19x.
Statistic | Batesville | Mississippi | United States |
---|---|---|---|
Median Home Value | $168,000 | $133,000 | $244,900 |
Median Rent | $812 | $830 | $1,163 |
Median Income | $52,346 | $49,111 | $69,021 |
Home Value To Income | 3.2x | 2.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Batesville | Mississippi |
---|---|---|
Shampoo | $0.91 | $1.06 |
Movie | $11.5 | $10.68 |
Bowling | $16.47 | $14.67 |
Haircut | $15.07 | $18.62 |
Beauty Salon | $36.63 | $39.05 |
Item | Batesville | Mississippi |
---|---|---|
Ground Beef | $3.42 | $4.22 |
Fried Chicken | $0.98 | $1.39 |
Milk | $1.79 | $2.05 |
Potatoes | $3.62 | $3.29 |
Pizza | $10.37 | $10.62 |
Beer | $9.22 | $9.38 |
Toothpaste | $1.65 | $2.34 |
Item | Batesville | Mississippi |
---|---|---|
Optometrist | $74.47 | $108.57 |
Doctor | $84.25 | $116.17 |
Dentist | $77.68 | $99.13 |
Item | Batesville | Mississippi |
---|---|---|
Gasoline | $1.94 | $2.22 |
Tire Balancing | $40.73 | $50.07 |
Item | Batesville | Mississippi |
---|---|---|
All Electricity | $133.97 | $167.67 |
Phone | $184.96 | $175.64 |
The cost of living varies in the cities and towns around Batesville. Here's a quick look at the cost of living in the most populous nearby places:
Southaven, MS has a cost of living index of 88, 1.1x Batesville.
Olive Branch, MS has a cost of living index of 94, 1.1x Batesville.
Horn Lake, MS has a cost of living index of 83, 1.0x Batesville.
City | Population | Cost Of Living | Vs. Batesville |
---|---|---|---|
Southaven, MS | 54,141 | 88 | 1.1x |
Olive Branch, MS | 39,136 | 94 | 1.1x |
Horn Lake, MS | 26,623 | 83 | 1.0x |
Oxford, MS | 25,859 | 96 | 1.2x |
Hernando, MS | 16,730 | 90 | 1.1x |
Clarksdale, MS | 15,124 | 77 | 0.9x |
Grenada, MS | 12,675 | 78 | 1.0x |
Helena-West Helena, AR | 9,707 | 74 | 0.9x |
Senatobia, MS | 8,075 | 86 | 1.0x |
Holly Springs, MS | 6,743 | 77 | 0.9x |