Cost of Living in Booneville, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.5
100 = national avg
-23.5 vs national average
Living Wage (1 Adult)
$33,681
per year
Living Wage (Family of 4)
$79,610
per year
Cost Index by Category
Housing64.8
Food88.3
Transportation76.6
Healthcare90.6
Utilities85.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$642
per month
2 Bedroom
$842
per month
The overall cost of living index in Booneville is 76.5, which is 23.5% below the national average. Housing costs are below the national average at an index of 64.8. A single adult needs to earn approximately $33,681 per year to cover basic expenses.