Cost of Living in Belmont, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.4
100 = national avg
-22.6 vs national average
Living Wage (1 Adult)
$34,046
per year
Living Wage (Family of 4)
$80,472
per year
Cost Index by Category
Housing79.8
Food83.0
Transportation66.0
Healthcare86.4
Utilities85.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$759
per month
2 Bedroom
$842
per month
The overall cost of living index in Belmont is 77.4, which is 22.6% below the national average. Housing costs are below the national average at an index of 79.8. A single adult needs to earn approximately $34,046 per year to cover basic expenses.