Cost of Living in Indianola, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.0
100 = national avg
-28.0 vs national average
Living Wage (1 Adult)
$31,693
per year
Living Wage (Family of 4)
$74,910
per year
Cost Index by Category
Housing72.5
Food80.0
Transportation60.0
Healthcare84.0
Utilities82.5
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 Indianola is 72.0, which is 28.0% below the national average. Housing costs are below the national average at an index of 72.5. A single adult needs to earn approximately $31,693 per year to cover basic expenses.