Cost of Living in Derma, MS

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

77.5

100 = national avg

-22.5 vs national average

Living Wage (1 Adult)

$34,087

per year

Living Wage (Family of 4)

$80,569

per year

Cost Index by Category

Housing
62.2
Food
90.4
Transportation
80.8
Healthcare
92.3
Utilities
86.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$642

per month

2 Bedroom

$842

per month

The overall cost of living index in Derma is 77.5, which is 22.5% below the national average. Housing costs are below the national average at an index of 62.2. A single adult needs to earn approximately $34,087 per year to cover basic expenses.