Cost of living in Gulf Park Estates 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 Gulf Park Estates 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 Gulf Park Estates is 93, with 100 being the average.
The cost of living index in Gulf Park Estates is 0.9x lower than the national average.
Gulf Park Estates ranks as the #59 cheapest in Mississippi out of 69.
Gulf Park Estates ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Gulf Park Estates is $161,100.
The median income in Gulf Park Estates is $53,879.
According to the most recent data on the cost of living, Gulf Park Estates has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Gulf Park Estates has a cost of living index that's 1.1x higher than Mississippi's index of 86.
The standard of living in Gulf Park Estates ranks as #59 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Gulf Park Estates ranks as the #10 most expensive place in the Magnolia State.
For more reading on life in Gulf Park Estates, check out:
Six factors go into calculating the cost of living index in Gulf Park Estates. Here is how it fairs on each of the criteria:
The Services index in Gulf Park Estates is 97.
The Groceries index in Gulf Park Estates is 95.
The Health index in Gulf Park Estates is 92.
The Housing index in Gulf Park Estates is 94.
The Transportation index in Gulf Park Estates is 97.
The Utilities index in Gulf Park Estates is 93.
Living Expense | Gulf Park Estates | Mississippi | National Average | |
---|---|---|---|---|
Overall | 93 | 86 | 100 | |
Services | 97 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 92 | 98 | 100 | |
Housing | 94 | 69 | 100 | |
Transportation | 97 | 91 | 100 | |
Utilities | 93 | 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 Gulf Park Estates is $161,100.
The Median Rent in Gulf Park Estates is $1,203.
The Median Income in Gulf Park Estates is $53,879.
The Home Value To Income in Gulf Park Estates is 3.0x.
The Rent To Monthly Income in Gulf Park Estates is 0.27x.
Statistic | Gulf Park Estates | Mississippi | United States |
---|---|---|---|
Median Home Value | $161,100 | $133,000 | $244,900 |
Median Rent | $1,203 | $830 | $1,163 |
Median Income | $53,879 | $49,111 | $69,021 |
Home Value To Income | 3.0x | 2.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Item | Gulf Park Estates | Mississippi |
---|---|---|
Shampoo | $1.21 | $1.06 |
Movie | $10.23 | $10.68 |
Bowling | $3.98 | $14.67 |
Haircut | $14.78 | $18.62 |
Beauty Salon | $31.68 | $39.05 |
Item | Gulf Park Estates | Mississippi |
---|---|---|
Ground Beef | $3.59 | $4.22 |
Fried Chicken | $1.11 | $1.39 |
Milk | $2.32 | $2.05 |
Potatoes | $3.29 | $3.29 |
Pizza | $10.43 | $10.62 |
Beer | $8.0 | $9.38 |
Toothpaste | $2.56 | $2.34 |
Item | Gulf Park Estates | Mississippi |
---|---|---|
Optometrist | $87.83 | $108.57 |
Doctor | $87.58 | $116.17 |
Dentist | $87.5 | $99.13 |
Item | Gulf Park Estates | Mississippi |
---|---|---|
Gasoline | $2.05 | $2.22 |
Tire Balancing | $51.72 | $50.07 |
Item | Gulf Park Estates | Mississippi |
---|---|---|
All Electricity | $114.1 | $167.67 |
Phone | $35.39 | $175.64 |
The cost of living varies in the cities and towns around Gulf Park Estates. Here's a quick look at the cost of living in the most populous nearby places:
Gulfport, MS has a cost of living index of 89, 1.0x Gulf Park Estates.
Biloxi, MS has a cost of living index of 93, 1.0x Gulf Park Estates.
Pascagoula, MS has a cost of living index of 85, 0.9x Gulf Park Estates.
City | Population | Cost Of Living | Vs. Gulf Park Estates |
---|---|---|---|
Gulfport, MS | 72,468 | 89 | 1.0x |
Biloxi, MS | 49,061 | 93 | 1.0x |
Pascagoula, MS | 22,001 | 85 | 0.9x |
Gautier, MS | 18,932 | 91 | 1.0x |
Ocean Springs, MS | 18,275 | 92 | 1.0x |
D'Iberville, MS | 12,736 | 91 | 1.0x |
Moss Point, MS | 12,282 | 84 | 0.9x |
Gulf Hills, MS | 8,825 | 94 | 1.0x |
St. Martin, MS | 7,984 | 90 | 1.0x |
Latimer, MS | 6,066 | 90 | 1.0x |