Cost of Living in Lyon, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.6
100 = national avg
+11.6 vs national average
Living Wage (1 Adult)
$49,113
per year
Living Wage (Family of 4)
$116,085
per year
Cost Index by Category
Housing82.4
Food120.4
Transportation140.8
Healthcare116.3
Utilities108.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$748
per month
2 Bedroom
$842
per month
The overall cost of living index in Lyon is 111.6, which is 11.6% above the national average. Housing costs are below the national average at an index of 82.4. A single adult needs to earn approximately $49,113 per year to cover basic expenses.