Zip 38901 (Grenada, MS) Cost of Living


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How much do I need to live in Grenada, Mississippi?
$1,950 / month
for a family, 63.9% less expensive than the national average A total of $23,400 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Grenada cost of living score
70.8
Less expensive
29.2% lower
than the US average
10.0% lower
than the Mississippi average
Grenada (zip 38901), Mississippi gets a BestPlaces Cost of Living score of 70.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.2% lower than the U.S. average and 10.0% higher than the average for Mississippi.

Zip 38901 (Grenada, MS)

Housing costs in Grenada?
A typical home costs $122,100, which is 63.9% less expensive than the national average of $338,100 and 21.4% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Grenada costs $790 per month, which is 11.2% cheaper than the national average of $890 and 2.5% more than the state average of $770.

Can I afford Grenada?
To live comfortably in Grenada (zip 38901), Mississippi, a minimum annual income of $23,400 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Grenada?
The cost of living in 38901 Grenada, MS is quite affordable. The estimated cost of living index (COLI) for the area is 80.2, which is significantly lower than the US average of 100. Housing costs in the area are also relatively low, with a median list price of $118,200. This is significantly lower than the national median list price of $231,400. Furthermore, food and transportation costs are also quite reasonable in this area, making it an attractive option for those looking to live on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrenadaMississippiUnited States
    Unlock78.7100.0
  93.0  Unlock100.0
    Unlock101.9100.0
  34.4  Unlock100.0
    Unlock$155,300$338,100
  95.7  Unlock100.0
    Unlock83.4100.0
  67.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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