Cost of Living in Latimer, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.9
100 = national avg
+2.9 vs national average
Living Wage (1 Adult)
$45,254
per year
Living Wage (Family of 4)
$106,965
per year
Cost Index by Category
Housing106.6
Food100.5
Transportation100.9
Healthcare100.4
Utilities101.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$951
per month
2 Bedroom
$1,067
per month
The overall cost of living index in Latimer is 102.9, which is 2.9% above the national average. Housing costs are above the national average at an index of 106.6. A single adult needs to earn approximately $45,254 per year to cover basic expenses.