Cost of Living in Horn Lake, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.4
100 = national avg
-0.6 vs national average
Living Wage (1 Adult)
$43,716
per year
Living Wage (Family of 4)
$103,328
per year
Cost Index by Category
Housing114.0
Food93.4
Transportation86.9
Healthcare94.8
Utilities98.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in Horn Lake is 99.4, which is 0.6% below the national average. Housing costs are above the national average at an index of 114.0. A single adult needs to earn approximately $43,716 per year to cover basic expenses.