Cost of Living in Goodman, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
39.8
100 = national avg
-60.2 vs national average
Living Wage (1 Adult)
$17,526
per year
Living Wage (Family of 4)
$41,425
per year
Cost Index by Category
Housing30.6
Food61.3
Transportation22.5
Healthcare69.0
Utilities62.9
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 Goodman is 39.8, which is 60.2% below the national average. Housing costs are below the national average at an index of 30.6. A single adult needs to earn approximately $17,526 per year to cover basic expenses.