Cost of Living in Georgetown, MS

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

Cost of Living Overview

Overall Index

51.8

100 = national avg

-48.2 vs national average

Living Wage (1 Adult)

$22,813

per year

Living Wage (Family of 4)

$53,923

per year

Cost Index by Category

Housing
50.2
Food
66.6
Transportation
33.2
Healthcare
73.3
Utilities
70.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,097

per month

2 Bedroom

$1,288

per month

The overall cost of living index in Georgetown is 51.8, which is 48.2% below the national average. Housing costs are below the national average at an index of 50.2. A single adult needs to earn approximately $22,813 per year to cover basic expenses.