Waveland, MS Cost Of Living
Cost Of Living In Waveland, MS Summary
Cost of living in Waveland 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 Waveland 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 Waveland is 87, with 100 being the average.
The cost of living index in Waveland is 0.9x lower than the national average.
Waveland ranks as the #38 cheapest in Mississippi out of 69.
Waveland ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Waveland is $164,200.
The median income in Waveland is $46,250.
Table Of Contents
Waveland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Waveland, MS?
According to the most recent data on the cost of living, Waveland has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Waveland has a cost of living index that's 1.0x higher than Mississippi's index of 86.
The standard of living in Waveland ranks as #38 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Waveland ranks as the #31 most expensive place in the Magnolia State.
For more reading on life in Waveland, check out:
- Living In Waveland
- Waveland Crime Report
- Search Homes For Sale In Waveland, MS
In Mississippi
In America
Waveland Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Waveland. Here is how it fairs on each of the criteria:
The Services index in Waveland is 100.
The Groceries index in Waveland is 96.
The Health index in Waveland is 91.
The Housing index in Waveland is 67.
The Transportation index in Waveland is 97.
The Utilities index in Waveland is 94.
| Living Expense | Waveland | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 87 | 86 | 100 | |
| Services | 100 | 92 | 100 | |
| Groceries | 96 | 94 | 100 | |
| Health | 91 | 98 | 100 | |
| Housing | 67 | 69 | 100 | |
| Transportation | 97 | 91 | 100 | |
| Utilities | 94 | 87 | 100 | |
Waveland, 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 Waveland is $164,200.
The Median Rent in Waveland is $861.
The Median Income in Waveland is $46,250.
The Home Value To Income in Waveland is 3.6x.
The Rent To Monthly Income in Waveland is 0.22x.
| Statistic | Waveland | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $164,200 | $133,000 | $244,900 |
| Median Rent | $861 | $830 | $1,163 |
| Median Income | $46,250 | $49,111 | $69,021 |
| Home Value To Income | 3.6x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Waveland, MS Costs By Category
Detailed Waveland Services Costs Vs. Mississippi
| Item | Waveland | 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 |
Detailed Waveland Groceries Costs Vs. Mississippi
| Item | Waveland | 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 |
Detailed Waveland Health Costs Vs. Mississippi
| Item | Waveland | Mississippi |
|---|---|---|
| Optometrist | $87.83 | $108.57 |
| Doctor | $87.58 | $116.17 |
| Dentist | $87.5 | $99.13 |
Detailed Waveland Transportation Costs Vs. Mississippi
| Item | Waveland | Mississippi |
|---|---|---|
| Gasoline | $2.05 | $2.22 |
| Tire Balancing | $51.72 | $50.07 |
Detailed Waveland Utilities Costs Vs. Mississippi
| Item | Waveland | Mississippi |
|---|---|---|
| All Electricity | $114.1 | $167.67 |
| Phone | $35.39 | $175.64 |
Waveland SnackAbility
/10
Cost Of Living In Cities Around Waveland
The cost of living varies in the cities and towns around Waveland. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.1x Waveland.
Gulfport, MS has a cost of living index of 89, 1.0x Waveland.
Chalmette, LA has a cost of living index of 94, 1.1x Waveland.
| City | Population | Cost Of Living | Vs. Waveland |
|---|---|---|---|
| New Orleans, LA | 383,974 | 100 | 1.1x |
| Gulfport, MS | 72,468 | 89 | 1.0x |
| Chalmette, LA | 21,981 | 94 | 1.1x |
| Harvey, LA | 20,942 | 92 | 1.1x |
| Ocean Springs, MS | 18,275 | 92 | 1.1x |
| Gretna, LA | 17,836 | 97 | 1.1x |
| Long Beach, MS | 16,654 | 91 | 1.0x |
| Bogalusa, LA | 10,921 | 82 | 0.9x |
| Bay St. Louis, MS | 9,568 | 91 | 1.0x |
| Diamondhead, MS | 9,417 | 97 | 1.1x |
