Cost of Living in Coldwater, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.3
100 = national avg
-23.7 vs national average
Living Wage (1 Adult)
$33,593
per year
Living Wage (Family of 4)
$79,401
per year
Cost Index by Category
Housing80.1
Food81.7
Transportation63.4
Healthcare85.4
Utilities85.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$830
per month
2 Bedroom
$1,089
per month
The overall cost of living index in Coldwater is 76.3, which is 23.7% below the national average. Housing costs are below the national average at an index of 80.1. A single adult needs to earn approximately $33,593 per year to cover basic expenses.