Cost of living in Columbus 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 Columbus 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 Columbus is 81, with 100 being the average.
The cost of living index in Columbus is 0.8x lower than the national average.
Columbus ranks as the #19 cheapest in Mississippi out of 69.
Columbus ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Columbus is $116,300.
The median income in Columbus is $34,488.
According to the most recent data on the cost of living, Columbus has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Columbus has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in Columbus ranks as #19 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Columbus ranks as the #50 most expensive place in the Magnolia State.
For more reading on life in Columbus, check out:
Six factors go into calculating the cost of living index in Columbus. Here is how it fairs on each of the criteria:
The Services index in Columbus is 87.
The Groceries index in Columbus is 84.
The Health index in Columbus is 78.
The Housing index in Columbus is 62.
The Transportation index in Columbus is 87.
The Utilities index in Columbus is 85.
Living Expense | Columbus | Mississippi | National Average | |
---|---|---|---|---|
Overall | 81 | 86 | 100 | |
Services | 87 | 92 | 100 | |
Groceries | 84 | 94 | 100 | |
Health | 78 | 98 | 100 | |
Housing | 62 | 69 | 100 | |
Transportation | 87 | 91 | 100 | |
Utilities | 85 | 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 Columbus is $116,300.
The Median Rent in Columbus is $786.
The Median Income in Columbus is $34,488.
The Home Value To Income in Columbus is 3.4x.
The Rent To Monthly Income in Columbus is 0.27x.
Statistic | Columbus | Mississippi | United States |
---|---|---|---|
Median Home Value | $116,300 | $133,000 | $244,900 |
Median Rent | $786 | $830 | $1,163 |
Median Income | $34,488 | $49,111 | $69,021 |
Home Value To Income | 3.4x | 2.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Item | Columbus | 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 | Columbus | 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 | Columbus | Mississippi |
---|---|---|
Optometrist | $97.78 | $108.57 |
Doctor | $58.33 | $116.17 |
Dentist | $81.11 | $99.13 |
Item | Columbus | Mississippi |
---|---|---|
Gasoline | $1.91 | $2.22 |
Tire Balancing | $45.33 | $50.07 |
Item | Columbus | Mississippi |
---|---|---|
All Electricity | $131.41 | $167.67 |
Phone | $181.26 | $175.64 |
The cost of living varies in the cities and towns around Columbus. Here's a quick look at the cost of living in the most populous nearby places:
Starkville, MS has a cost of living index of 88, 1.1x Columbus.
West Point, MS has a cost of living index of 79, 1.0x Columbus.
Amory, MS has a cost of living index of 79, 1.0x Columbus.
City | Population | Cost Of Living | Vs. Columbus |
---|---|---|---|
Starkville, MS | 24,578 | 88 | 1.1x |
West Point, MS | 10,148 | 79 | 1.0x |
Amory, MS | 6,665 | 79 | 1.0x |
Louisville, MS | 6,108 | 80 | 1.0x |