Cost of living in Ocean Springs 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 Ocean Springs 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 Ocean Springs is 92, with 100 being the average.
The cost of living index in Ocean Springs is 0.9x lower than the national average.
Ocean Springs ranks as the #56 cheapest in Mississippi out of 69.
Ocean Springs ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Ocean Springs is $184,800.
The median income in Ocean Springs is $63,653.
According to the most recent data on the cost of living, Ocean Springs has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Ocean Springs has a cost of living index that's 1.1x higher than Mississippi's index of 86.
The standard of living in Ocean Springs ranks as #56 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Ocean Springs ranks as the #13 most expensive place in the Magnolia State.
For more reading on life in Ocean Springs, check out:
Six factors go into calculating the cost of living index in Ocean Springs. Here is how it fairs on each of the criteria:
The Services index in Ocean Springs is 99.
The Groceries index in Ocean Springs is 95.
The Health index in Ocean Springs is 92.
The Housing index in Ocean Springs is 87.
The Transportation index in Ocean Springs is 100.
The Utilities index in Ocean Springs is 94.
Living Expense | Ocean Springs | Mississippi | National Average | |
---|---|---|---|---|
Overall | 92 | 86 | 100 | |
Services | 99 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 92 | 98 | 100 | |
Housing | 87 | 69 | 100 | |
Transportation | 100 | 91 | 100 | |
Utilities | 94 | 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 Ocean Springs is $184,800.
The Median Rent in Ocean Springs is $1,080.
The Median Income in Ocean Springs is $63,653.
The Home Value To Income in Ocean Springs is 2.9x.
The Rent To Monthly Income in Ocean Springs is 0.2x.
Statistic | Ocean Springs | Mississippi | United States |
---|---|---|---|
Median Home Value | $184,800 | $133,000 | $244,900 |
Median Rent | $1,080 | $830 | $1,163 |
Median Income | $63,653 | $49,111 | $69,021 |
Home Value To Income | 2.9x | 2.7x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | Ocean Springs | 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 | Ocean Springs | 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 | Ocean Springs | Mississippi |
---|---|---|
Optometrist | $87.83 | $108.57 |
Doctor | $87.58 | $116.17 |
Dentist | $87.5 | $99.13 |
Item | Ocean Springs | Mississippi |
---|---|---|
Gasoline | $2.05 | $2.22 |
Tire Balancing | $51.72 | $50.07 |
Item | Ocean Springs | Mississippi |
---|---|---|
All Electricity | $114.1 | $167.67 |
Phone | $35.39 | $175.64 |
The cost of living varies in the cities and towns around Ocean Springs. 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 Ocean Springs.
Biloxi, MS has a cost of living index of 93, 1.0x Ocean Springs.
Pascagoula, MS has a cost of living index of 85, 0.9x Ocean Springs.
City | Population | Cost Of Living | Vs. Ocean Springs |
---|---|---|---|
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 |
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 |
Gulf Park Estates, MS | 6,284 | 93 | 1.0x |
Latimer, MS | 6,066 | 90 | 1.0x |