Cost of Living in Olive Branch, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
49.9
100 = national avg
-50.1 vs national average
Living Wage (1 Adult)
$21,960
per year
Living Wage (Family of 4)
$51,904
per year
Cost Index by Category
Housing34.8
Food70.8
Transportation41.7
Healthcare76.7
Utilities69.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$807
per month
2 Bedroom
$992
per month
The overall cost of living index in Olive Branch is 49.9, which is 50.1% below the national average. Housing costs are below the national average at an index of 34.8. A single adult needs to earn approximately $21,960 per year to cover basic expenses.