Clarksdale, MS Cost Of Living
Cost Of Living In Clarksdale, MS Summary
Cost of living in Clarksdale 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 Clarksdale 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 Clarksdale is 77, with 100 being the average.
The cost of living index in Clarksdale is 0.8x lower than the national average.
Clarksdale ranks as the #3 cheapest in Mississippi out of 69.
Clarksdale ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Clarksdale is $73,800.
The median income in Clarksdale is $30,711.
Table Of Contents
Clarksdale's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Clarksdale, MS?
According to the most recent data on the cost of living, Clarksdale has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Clarksdale has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in Clarksdale ranks as #3 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Clarksdale ranks as the #66 most expensive place in the Magnolia State.
For more reading on life in Clarksdale, check out:
- Living In Clarksdale
- Search Homes For Sale In Clarksdale, MS
In Mississippi
In America
Clarksdale Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Clarksdale. Here is how it fairs on each of the criteria:
The Services index in Clarksdale is 89.
The Groceries index in Clarksdale is 90.
The Health index in Clarksdale is 82.
The Housing index in Clarksdale is 40.
The Transportation index in Clarksdale is 87.
The Utilities index in Clarksdale is 89.
| Living Expense | Clarksdale | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 77 | 86 | 100 | |
| Services | 89 | 92 | 100 | |
| Groceries | 90 | 94 | 100 | |
| Health | 82 | 98 | 100 | |
| Housing | 40 | 69 | 100 | |
| Transportation | 87 | 91 | 100 | |
| Utilities | 89 | 87 | 100 | |
Clarksdale, 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 Clarksdale is $73,800.
The Median Rent in Clarksdale is $648.
The Median Income in Clarksdale is $30,711.
The Home Value To Income in Clarksdale is 2.4x.
The Rent To Monthly Income in Clarksdale is 0.25x.
| Statistic | Clarksdale | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $73,800 | $133,000 | $244,900 |
| Median Rent | $648 | $830 | $1,163 |
| Median Income | $30,711 | $49,111 | $69,021 |
| Home Value To Income | 2.4x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Clarksdale, MS Costs By Category
Detailed Clarksdale Services Costs Vs. Mississippi
| Item | Clarksdale | 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 |
Detailed Clarksdale Groceries Costs Vs. Mississippi
| Item | Clarksdale | 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 |
Detailed Clarksdale Health Costs Vs. Mississippi
| Item | Clarksdale | Mississippi |
|---|---|---|
| Optometrist | $74.47 | $108.57 |
| Doctor | $84.25 | $116.17 |
| Dentist | $77.68 | $99.13 |
Detailed Clarksdale Transportation Costs Vs. Mississippi
| Item | Clarksdale | Mississippi |
|---|---|---|
| Gasoline | $1.94 | $2.22 |
| Tire Balancing | $40.73 | $50.07 |
Detailed Clarksdale Utilities Costs Vs. Mississippi
| Item | Clarksdale | Mississippi |
|---|---|---|
| All Electricity | $133.97 | $167.67 |
| Phone | $184.96 | $175.64 |
Clarksdale SnackAbility
/10
Cost Of Living In Cities Around Clarksdale
The cost of living varies in the cities and towns around Clarksdale. Here's a quick look at the cost of living in the most populous nearby places:
Cleveland, MS has a cost of living index of 83, 1.1x Clarksdale.
Helena-West Helena, AR has a cost of living index of 74, 1.0x Clarksdale.
Senatobia, MS has a cost of living index of 86, 1.1x Clarksdale.
| City | Population | Cost Of Living | Vs. Clarksdale |
|---|---|---|---|
| Cleveland, MS | 11,285 | 83 | 1.1x |
| Helena-West Helena, AR | 9,707 | 74 | 1.0x |
| Senatobia, MS | 8,075 | 86 | 1.1x |
| Batesville, MS | 7,404 | 82 | 1.1x |
