Cost of Living in Greenwood, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.4
100 = national avg
-31.6 vs national average
Living Wage (1 Adult)
$30,103
per year
Living Wage (Family of 4)
$71,152
per year
Cost Index by Category
Housing71.2
Food76.5
Transportation53.0
Healthcare81.2
Utilities80.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$642
per month
2 Bedroom
$842
per month
The overall cost of living index in Greenwood is 68.4, which is 31.6% below the national average. Housing costs are below the national average at an index of 71.2. A single adult needs to earn approximately $30,103 per year to cover basic expenses.