Byram, MS Cost Of Living
Cost Of Living In Byram, MS Summary
Cost of living in Byram 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 Byram 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 Byram is 92, with 100 being the average.
The cost of living index in Byram is 0.9x lower than the national average.
Byram ranks as the #56 cheapest in Mississippi out of 69.
Byram ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Byram is $147,600.
The median income in Byram is $68,819.
Table Of Contents
Byram's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Byram, MS?
According to the most recent data on the cost of living, Byram has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Byram has a cost of living index that's 1.1x higher than Mississippi's index of 86.
The standard of living in Byram ranks as #56 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Byram ranks as the #13 most expensive place in the Magnolia State.
For more reading on life in Byram, check out:
- Living In Byram
- Byram Crime Report
- Search Homes For Sale In Byram, MS
In Mississippi
In America
Byram Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Byram. Here is how it fairs on each of the criteria:
The Services index in Byram is 96.
The Groceries index in Byram is 91.
The Health index in Byram is 90.
The Housing index in Byram is 84.
The Transportation index in Byram is 89.
The Utilities index in Byram is 105.
| Living Expense | Byram | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 92 | 86 | 100 | |
| Services | 96 | 92 | 100 | |
| Groceries | 91 | 94 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 84 | 69 | 100 | |
| Transportation | 89 | 91 | 100 | |
| Utilities | 105 | 87 | 100 | |
Byram, MS Housing Cost Breakdown
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 Byram is $147,600.
The Median Rent in Byram is $1,143.
The Median Income in Byram is $68,819.
The Home Value To Income in Byram is 2.1x.
The Rent To Monthly Income in Byram is 0.2x.
| Statistic | Byram | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $147,600 | $133,000 | $244,900 |
| Median Rent | $1,143 | $830 | $1,163 |
| Median Income | $68,819 | $49,111 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Byram, MS Costs By Category
Detailed Byram Services Costs Vs. Mississippi
| Item | Byram | Mississippi |
|---|---|---|
| Shampoo | $0.76 | $1.06 |
| Movie | $9.08 | $10.68 |
| Bowling | $7.08 | $14.67 |
| Haircut | $13.32 | $18.62 |
| Beauty Salon | $23.38 | $39.05 |
Detailed Byram Groceries Costs Vs. Mississippi
| Item | Byram | Mississippi |
|---|---|---|
| Ground Beef | $5.35 | $4.22 |
| Fried Chicken | $1.05 | $1.39 |
| Milk | $1.78 | $2.05 |
| Potatoes | $2.36 | $3.29 |
| Pizza | $9.32 | $10.62 |
| Beer | $9.72 | $9.38 |
| Toothpaste | $3.06 | $2.34 |
Detailed Byram Health Costs Vs. Mississippi
| Item | Byram | Mississippi |
|---|---|---|
| Optometrist | $83.0 | $108.57 |
| Doctor | $90.5 | $116.17 |
| Dentist | $86.63 | $99.13 |
Detailed Byram Transportation Costs Vs. Mississippi
| Item | Byram | Mississippi |
|---|---|---|
| Gasoline | $2.01 | $2.22 |
| Tire Balancing | $37.66 | $50.07 |
Detailed Byram Utilities Costs Vs. Mississippi
| Item | Byram | Mississippi |
|---|---|---|
| All Electricity | $122.36 | $167.67 |
| Phone | $40.59 | $175.64 |
Byram SnackAbility
/10
Cost Of Living In Cities Around Byram
The cost of living varies in the cities and towns around Byram. Here's a quick look at the cost of living in the most populous nearby places:
Jackson, MS has a cost of living index of 83, 0.9x Byram.
Clinton, MS has a cost of living index of 93, 1.0x Byram.
Pearl, MS has a cost of living index of 88, 1.0x Byram.
| City | Population | Cost Of Living | Vs. Byram |
|---|---|---|---|
| Jackson, MS | 156,803 | 83 | 0.9x |
| Clinton, MS | 27,830 | 93 | 1.0x |
| Pearl, MS | 27,017 | 88 | 1.0x |
| Brandon, MS | 24,887 | 95 | 1.0x |
| Ridgeland, MS | 24,330 | 95 | 1.0x |
| Flowood, MS | 10,019 | 94 | 1.0x |
| Richland, MS | 7,126 | 89 | 1.0x |
