Cost of Living in Grenada, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.1
100 = national avg
-21.9 vs national average
Living Wage (1 Adult)
$34,359
per year
Living Wage (Family of 4)
$81,213
per year
Cost Index by Category
Housing83.0
Food82.5
Transportation64.9
Healthcare86.0
Utilities86.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$694
per month
2 Bedroom
$911
per month
The overall cost of living index in Grenada is 78.1, which is 21.9% below the national average. Housing costs are below the national average at an index of 83.0. A single adult needs to earn approximately $34,359 per year to cover basic expenses.