Cost of Living in Falkner, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.9
100 = national avg
-20.1 vs national average
Living Wage (1 Adult)
$35,174
per year
Living Wage (Family of 4)
$83,138
per year
Cost Index by Category
Housing63.4
Food93.1
Transportation83.9
Healthcare94.5
Utilities88.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$842
per month
The overall cost of living index in Falkner is 79.9, which is 20.1% below the national average. Housing costs are below the national average at an index of 63.4. A single adult needs to earn approximately $35,174 per year to cover basic expenses.