Pearl, MS Cost Of Living
Cost Of Living In Pearl, MS Summary
Cost of living in Pearl 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 Pearl 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 Pearl is 88, with 100 being the average.
The cost of living index in Pearl is 0.9x lower than the national average.
Pearl ranks as the #42 cheapest in Mississippi out of 69.
Pearl ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Pearl is $141,000.
The median income in Pearl is $54,615.
Table Of Contents
Pearl's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pearl, MS?
According to the most recent data on the cost of living, Pearl has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Pearl has a cost of living index that's 1.0x higher than Mississippi's index of 86.
The standard of living in Pearl ranks as #42 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Pearl ranks as the #27 most expensive place in the Magnolia State.
For more reading on life in Pearl, check out:
- Living In Pearl
- Search Homes For Sale In Pearl, MS
In Mississippi
In America
Pearl Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Pearl. Here is how it fairs on each of the criteria:
The Services index in Pearl is 96.
The Groceries index in Pearl is 88.
The Health index in Pearl is 87.
The Housing index in Pearl is 67.
The Transportation index in Pearl is 89.
The Utilities index in Pearl is 105.
| Living Expense | Pearl | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 88 | 86 | 100 | |
| Services | 96 | 92 | 100 | |
| Groceries | 88 | 94 | 100 | |
| Health | 87 | 98 | 100 | |
| Housing | 67 | 69 | 100 | |
| Transportation | 89 | 91 | 100 | |
| Utilities | 105 | 87 | 100 | |
Pearl, 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 Pearl is $141,000.
The Median Rent in Pearl is $999.
The Median Income in Pearl is $54,615.
The Home Value To Income in Pearl is 2.6x.
The Rent To Monthly Income in Pearl is 0.22x.
| Statistic | Pearl | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $141,000 | $133,000 | $244,900 |
| Median Rent | $999 | $830 | $1,163 |
| Median Income | $54,615 | $49,111 | $69,021 |
| Home Value To Income | 2.6x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Pearl, MS Costs By Category
Detailed Pearl Services Costs Vs. Mississippi
| Item | Pearl | 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 Pearl Groceries Costs Vs. Mississippi
| Item | Pearl | 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 Pearl Health Costs Vs. Mississippi
| Item | Pearl | Mississippi |
|---|---|---|
| Optometrist | $83.0 | $108.57 |
| Doctor | $90.5 | $116.17 |
| Dentist | $86.63 | $99.13 |
Detailed Pearl Transportation Costs Vs. Mississippi
| Item | Pearl | Mississippi |
|---|---|---|
| Gasoline | $2.01 | $2.22 |
| Tire Balancing | $37.66 | $50.07 |
Detailed Pearl Utilities Costs Vs. Mississippi
| Item | Pearl | Mississippi |
|---|---|---|
| All Electricity | $122.36 | $167.67 |
| Phone | $40.59 | $175.64 |
Pearl SnackAbility
/10
Cost Of Living In Cities Around Pearl
The cost of living varies in the cities and towns around Pearl. 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 Pearl.
Clinton, MS has a cost of living index of 93, 1.1x Pearl.
Madison, MS has a cost of living index of 107, 1.2x Pearl.
| City | Population | Cost Of Living | Vs. Pearl |
|---|---|---|---|
| Jackson, MS | 156,803 | 83 | 0.9x |
| Clinton, MS | 27,830 | 93 | 1.1x |
| Madison, MS | 27,459 | 107 | 1.2x |
| Brandon, MS | 24,887 | 95 | 1.1x |
| Ridgeland, MS | 24,330 | 95 | 1.1x |
| Byram, MS | 12,591 | 92 | 1.0x |
| Flowood, MS | 10,019 | 94 | 1.1x |
| Richland, MS | 7,126 | 89 | 1.0x |
