Pontotoc, MS Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Pontotoc, MS Summary

Cost of living in Pontotoc 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 Pontotoc 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 Pontotoc is 80, with 100 being the average.

  • The cost of living index in Pontotoc is 0.8x lower than the national average.

  • Pontotoc ranks as the #13 cheapest in Mississippi out of 69.

  • Pontotoc ranks as the #211 cheapest out of 6,412 in the US.

  • The median home value in Pontotoc is $123,400.

  • The median income in Pontotoc is $49,036.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
80
Pontotoc's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Pontotoc, MS?

According to the most recent data on the cost of living, Pontotoc has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.

Compared to Mississippi, Pontotoc has a cost of living index that's 0.9x lower than Mississippi's index of 86.

The standard of living in Pontotoc ranks as #13 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Pontotoc ranks as the #56 most expensive place in the Magnolia State.

For more reading on life in Pontotoc, check out:

13 out of 69
In Mississippi
211 out of 6,412
In America

Pontotoc Cost Of Living Vs. Mississippi

Six factors go into calculating the cost of living index in Pontotoc. Here is how it fairs on each of the criteria:

  • The Services index in Pontotoc is 87.

  • The Groceries index in Pontotoc is 82.

  • The Health index in Pontotoc is 82.

  • The Housing index in Pontotoc is 59.

  • The Transportation index in Pontotoc is 90.

  • The Utilities index in Pontotoc is 87.

Living Expense Pontotoc Mississippi National Average
Overall 80 86 100
Services 87 92 100
Groceries 82 94 100
Health 82 98 100
Housing 59 69 100
Transportation 90 91 100
Utilities 87 87 100
For more reading on cost of living around Mississippi, check out:
Pontotoc Cost of Living Vs. MS

Pontotoc, 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 Pontotoc is $123,400.

  • The Median Rent in Pontotoc is $675.

  • The Median Income in Pontotoc is $49,036.

  • The Home Value To Income in Pontotoc is 2.5x.

  • The Rent To Monthly Income in Pontotoc is 0.17x.

Statistic Pontotoc Mississippi United States
Median Home Value $123,400 $133,000 $244,900
Median Rent $675 $830 $1,163
Median Income $49,036 $49,111 $69,021
Home Value To Income 2.5x 2.7x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x
Search Homes For Sale In Pontotoc, MS
$123,400
Median Home Value
$675
Median Rent
$49,036
Median Income

Pontotoc, MS Costs By Category

Detailed Pontotoc Services Costs Vs. Mississippi

Item Pontotoc 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

Detailed Pontotoc Groceries Costs Vs. Mississippi

Item Pontotoc 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

Detailed Pontotoc Health Costs Vs. Mississippi

Item Pontotoc Mississippi
Optometrist $97.78 $108.57
Doctor $58.33 $116.17
Dentist $81.11 $99.13

Detailed Pontotoc Transportation Costs Vs. Mississippi

Item Pontotoc Mississippi
Gasoline $1.91 $2.22
Tire Balancing $45.33 $50.07

Detailed Pontotoc Utilities Costs Vs. Mississippi

Item Pontotoc Mississippi
All Electricity $131.41 $167.67
Phone $181.26 $175.64

Pontotoc SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8
Diversity
9
Safety
N/A
Amenities
6
Education
5
Commute
8

Cost Of Living In Cities Around Pontotoc

The cost of living varies in the cities and towns around Pontotoc. Here's a quick look at the cost of living in the most populous nearby places:

  • Tupelo, MS has a cost of living index of 82, 1.0x Pontotoc.

  • Oxford, MS has a cost of living index of 96, 1.2x Pontotoc.

  • West Point, MS has a cost of living index of 79, 1.0x Pontotoc.

City Population Cost Of Living Vs. Pontotoc
Tupelo, MS 37,872 82 1.0x
Oxford, MS 25,859 96 1.2x
West Point, MS 10,148 79 1.0x
Booneville, MS 8,702 79 1.0x
New Albany, MS 7,657 83 1.0x
Holly Springs, MS 6,743 77 1.0x
Amory, MS 6,665 79 1.0x
Ripley, MS 5,412 78 1.0x

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