Cost of Living in Ackerman, MS

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

75.7

100 = national avg

-24.3 vs national average

Living Wage (1 Adult)

$33,312

per year

Living Wage (Family of 4)

$78,738

per year

Cost Index by Category

Housing
66.5
Food
86.6
Transportation
73.2
Healthcare
89.3
Utilities
85.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$642

per month

2 Bedroom

$842

per month

The overall cost of living index in Ackerman is 75.7, which is 24.3% below the national average. Housing costs are below the national average at an index of 66.5. A single adult needs to earn approximately $33,312 per year to cover basic expenses.