Cost of Living in Meridian, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.5
100 = national avg
-26.5 vs national average
Living Wage (1 Adult)
$32,355
per year
Living Wage (Family of 4)
$76,474
per year
Cost Index by Category
Housing78.2
Food76.5
Transportation69.8
Healthcare81.2
Utilities81.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$812
per month
2 Bedroom
$906
per month
The overall cost of living index in Meridian is 73.5, which is 26.5% below the national average. Housing costs are below the national average at an index of 78.2. A single adult needs to earn approximately $32,355 per year to cover basic expenses.