Cost of Living in Baldwyn, MS

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

Cost of Living Overview

Overall Index

66.9

100 = national avg

-33.1 vs national average

Living Wage (1 Adult)

$29,448

per year

Living Wage (Family of 4)

$69,605

per year

Cost Index by Category

Housing
51.2
Food
83.1
Transportation
66.2
Healthcare
86.5
Utilities
80.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$852

per month

2 Bedroom

$994

per month

The overall cost of living index in Baldwyn is 66.9, which is 33.1% below the national average. Housing costs are below the national average at an index of 51.2. A single adult needs to earn approximately $29,448 per year to cover basic expenses.