Cost of living in St. Martin 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 St. Martin 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 St. Martin is 90, with 100 being the average.
The cost of living index in St. Martin is 0.9x lower than the national average.
St. Martin ranks as the #48 cheapest in Mississippi out of 69.
St. Martin ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in St. Martin is $123,900.
The median income in St. Martin is $47,761.
According to the most recent data on the cost of living, St. Martin has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Mississippi, St. Martin has a cost of living index that's 1.0x higher than Mississippi's index of 86.
The standard of living in St. Martin ranks as #48 most affordable out of the 69 places we measured in Mississippi. By definition, that implies St. Martin ranks as the #21 most expensive place in the Magnolia State.
For more reading on life in St. Martin, check out:
Six factors go into calculating the cost of living index in St. Martin. Here is how it fairs on each of the criteria:
The Services index in St. Martin is 99.
The Groceries index in St. Martin is 97.
The Health index in St. Martin is 91.
The Housing index in St. Martin is 66.
The Transportation index in St. Martin is 97.
The Utilities index in St. Martin is 93.
Living Expense | St. Martin | Mississippi | National Average | |
---|---|---|---|---|
Overall | 90 | 86 | 100 | |
Services | 99 | 92 | 100 | |
Groceries | 97 | 94 | 100 | |
Health | 91 | 98 | 100 | |
Housing | 66 | 69 | 100 | |
Transportation | 97 | 91 | 100 | |
Utilities | 93 | 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 St. Martin is $123,900.
The Median Rent in St. Martin is $896.
The Median Income in St. Martin is $47,761.
The Home Value To Income in St. Martin is 2.6x.
The Rent To Monthly Income in St. Martin is 0.23x.
Statistic | St. Martin | Mississippi | United States |
---|---|---|---|
Median Home Value | $123,900 | $133,000 | $244,900 |
Median Rent | $896 | $830 | $1,163 |
Median Income | $47,761 | $49,111 | $69,021 |
Home Value To Income | 2.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | St. Martin | 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 | St. Martin | 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 | St. Martin | Mississippi |
---|---|---|
Optometrist | $87.83 | $108.57 |
Doctor | $87.58 | $116.17 |
Dentist | $87.5 | $99.13 |
Item | St. Martin | Mississippi |
---|---|---|
Gasoline | $2.05 | $2.22 |
Tire Balancing | $51.72 | $50.07 |
Item | St. Martin | Mississippi |
---|---|---|
All Electricity | $114.1 | $167.67 |
Phone | $35.39 | $175.64 |
The cost of living varies in the cities and towns around St. Martin. 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 St. Martin.
Biloxi, MS has a cost of living index of 93, 1.0x St. Martin.
Pascagoula, MS has a cost of living index of 85, 0.9x St. Martin.
City | Population | Cost Of Living | Vs. St. Martin |
---|---|---|---|
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 |
Ocean Springs, MS | 18,275 | 92 | 1.0x |
Long Beach, MS | 16,654 | 91 | 1.0x |
D'Iberville, MS | 12,736 | 91 | 1.0x |
Gulf Hills, MS | 8,825 | 94 | 1.0x |
Gulf Park Estates, MS | 6,284 | 93 | 1.0x |
Latimer, MS | 6,066 | 90 | 1.0x |