Cost of Living in Canton, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.0
100 = national avg
-27.0 vs national average
Living Wage (1 Adult)
$32,127
per year
Living Wage (Family of 4)
$75,937
per year
Cost Index by Category
Housing83.3
Food76.6
Transportation53.2
Healthcare81.3
Utilities82.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,097
per month
2 Bedroom
$1,288
per month
The overall cost of living index in Canton is 73.0, which is 27.0% below the national average. Housing costs are below the national average at an index of 83.3. A single adult needs to earn approximately $32,127 per year to cover basic expenses.