Cost of Living in Beechwood, MS

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

Cost of Living Overview

Overall Index

117.3

100 = national avg

+17.3 vs national average

Living Wage (1 Adult)

$51,604

per year

Living Wage (Family of 4)

$121,972

per year

Cost Index by Category

Housing
104.0
Food
117.8
Transportation
135.5
Healthcare
114.2
Utilities
111.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$805

per month

2 Bedroom

$953

per month

The overall cost of living index in Beechwood is 117.3, which is 17.3% above the national average. Housing costs are above the national average at an index of 104.0. A single adult needs to earn approximately $51,604 per year to cover basic expenses.