Cost of Living in Collins, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.0
100 = national avg
-33.0 vs national average
Living Wage (1 Adult)
$29,497
per year
Living Wage (Family of 4)
$69,720
per year
Cost Index by Category
Housing65.1
Food77.5
Transportation54.9
Healthcare82.0
Utilities79.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$713
per month
2 Bedroom
$842
per month
The overall cost of living index in Collins is 67.0, which is 33.0% below the national average. Housing costs are below the national average at an index of 65.1. A single adult needs to earn approximately $29,497 per year to cover basic expenses.