Cost of living in Saltillo 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 Saltillo 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 Saltillo is 80, with 100 being the average.
The cost of living index in Saltillo is 0.8x lower than the national average.
Saltillo ranks as the #13 cheapest in Mississippi out of 69.
Saltillo ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Saltillo is $145,100.
The median income in Saltillo is $75,105.
According to the most recent data on the cost of living, Saltillo has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Saltillo has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in Saltillo ranks as #13 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Saltillo ranks as the #56 most expensive place in the Magnolia State.
For more reading on life in Saltillo, check out:
Six factors go into calculating the cost of living index in Saltillo. Here is how it fairs on each of the criteria:
The Services index in Saltillo is 87.
The Groceries index in Saltillo is 82.
The Health index in Saltillo is 79.
The Housing index in Saltillo is 64.
The Transportation index in Saltillo is 86.
The Utilities index in Saltillo is 86.
Living Expense | Saltillo | Mississippi | National Average | |
---|---|---|---|---|
Overall | 80 | 86 | 100 | |
Services | 87 | 92 | 100 | |
Groceries | 82 | 94 | 100 | |
Health | 79 | 98 | 100 | |
Housing | 64 | 69 | 100 | |
Transportation | 86 | 91 | 100 | |
Utilities | 86 | 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 Saltillo is $145,100.
The Median Rent in Saltillo is $903.
The Median Income in Saltillo is $75,105.
The Home Value To Income in Saltillo is 1.9x.
The Rent To Monthly Income in Saltillo is 0.14x.
Statistic | Saltillo | Mississippi | United States |
---|---|---|---|
Median Home Value | $145,100 | $133,000 | $244,900 |
Median Rent | $903 | $830 | $1,163 |
Median Income | $75,105 | $49,111 | $69,021 |
Home Value To Income | 1.9x | 2.7x | 3.5x |
Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
Item | Saltillo | 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 | Saltillo | 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 | Saltillo | Mississippi |
---|---|---|
Optometrist | $97.78 | $108.57 |
Doctor | $58.33 | $116.17 |
Dentist | $81.11 | $99.13 |
Item | Saltillo | Mississippi |
---|---|---|
Gasoline | $1.91 | $2.22 |
Tire Balancing | $45.33 | $50.07 |
Item | Saltillo | Mississippi |
---|---|---|
All Electricity | $131.41 | $167.67 |
Phone | $181.26 | $175.64 |
The cost of living varies in the cities and towns around Saltillo. 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 Saltillo.
Oxford, MS has a cost of living index of 96, 1.2x Saltillo.
Corinth, MS has a cost of living index of 82, 1.0x Saltillo.
City | Population | Cost Of Living | Vs. Saltillo |
---|---|---|---|
Tupelo, MS | 37,872 | 82 | 1.0x |
Oxford, MS | 25,859 | 96 | 1.2x |
Corinth, MS | 14,545 | 82 | 1.0x |
Booneville, MS | 8,702 | 79 | 1.0x |
New Albany, MS | 7,657 | 83 | 1.0x |
Amory, MS | 6,665 | 79 | 1.0x |
Pontotoc, MS | 5,621 | 80 | 1.0x |
Ripley, MS | 5,412 | 78 | 1.0x |