Cost of living in Senatobia 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 Senatobia 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 Senatobia is 86, with 100 being the average.
The cost of living index in Senatobia is 0.9x lower than the national average.
Senatobia ranks as the #37 cheapest in Mississippi out of 69.
Senatobia ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Senatobia is $150,700.
The median income in Senatobia is $57,543.
According to the most recent data on the cost of living, Senatobia has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Senatobia has a cost of living index that's 1.0x lower than Mississippi's index of 86.
The standard of living in Senatobia ranks as #37 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Senatobia ranks as the #32 most expensive place in the Magnolia State.
For more reading on life in Senatobia, check out:
Six factors go into calculating the cost of living index in Senatobia. Here is how it fairs on each of the criteria:
The Services index in Senatobia is 90.
The Groceries index in Senatobia is 89.
The Health index in Senatobia is 82.
The Housing index in Senatobia is 70.
The Transportation index in Senatobia is 87.
The Utilities index in Senatobia is 89.
Living Expense | Senatobia | Mississippi | National Average | |
---|---|---|---|---|
Overall | 86 | 86 | 100 | |
Services | 90 | 92 | 100 | |
Groceries | 89 | 94 | 100 | |
Health | 82 | 98 | 100 | |
Housing | 70 | 69 | 100 | |
Transportation | 87 | 91 | 100 | |
Utilities | 89 | 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 Senatobia is $150,700.
The Median Rent in Senatobia is $742.
The Median Income in Senatobia is $57,543.
The Home Value To Income in Senatobia is 2.6x.
The Rent To Monthly Income in Senatobia is 0.15x.
Statistic | Senatobia | Mississippi | United States |
---|---|---|---|
Median Home Value | $150,700 | $133,000 | $244,900 |
Median Rent | $742 | $830 | $1,163 |
Median Income | $57,543 | $49,111 | $69,021 |
Home Value To Income | 2.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Item | Senatobia | Mississippi |
---|---|---|
Shampoo | $0.91 | $1.06 |
Movie | $11.5 | $10.68 |
Bowling | $16.47 | $14.67 |
Haircut | $15.07 | $18.62 |
Beauty Salon | $36.63 | $39.05 |
Item | Senatobia | Mississippi |
---|---|---|
Ground Beef | $3.42 | $4.22 |
Fried Chicken | $0.98 | $1.39 |
Milk | $1.79 | $2.05 |
Potatoes | $3.62 | $3.29 |
Pizza | $10.37 | $10.62 |
Beer | $9.22 | $9.38 |
Toothpaste | $1.65 | $2.34 |
Item | Senatobia | Mississippi |
---|---|---|
Optometrist | $74.47 | $108.57 |
Doctor | $84.25 | $116.17 |
Dentist | $77.68 | $99.13 |
Item | Senatobia | Mississippi |
---|---|---|
Gasoline | $1.94 | $2.22 |
Tire Balancing | $40.73 | $50.07 |
Item | Senatobia | Mississippi |
---|---|---|
All Electricity | $133.97 | $167.67 |
Phone | $184.96 | $175.64 |
The cost of living varies in the cities and towns around Senatobia. Here's a quick look at the cost of living in the most populous nearby places:
Bartlett, TN has a cost of living index of 93, 1.1x Senatobia.
Southaven, MS has a cost of living index of 88, 1.0x Senatobia.
Collierville, TN has a cost of living index of 107, 1.2x Senatobia.
City | Population | Cost Of Living | Vs. Senatobia |
---|---|---|---|
Bartlett, TN | 57,639 | 93 | 1.1x |
Southaven, MS | 54,141 | 88 | 1.0x |
Collierville, TN | 50,669 | 107 | 1.2x |
Germantown, TN | 40,955 | 108 | 1.3x |
Olive Branch, MS | 39,136 | 94 | 1.1x |
Horn Lake, MS | 26,623 | 83 | 1.0x |
Oxford, MS | 25,859 | 96 | 1.1x |
Hernando, MS | 16,730 | 90 | 1.0x |
Arlington, TN | 14,158 | 103 | 1.2x |
Oakland, TN | 8,805 | 96 | 1.1x |