Cost of Living in Myrtle, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.8
100 = national avg
-15.2 vs national average
Living Wage (1 Adult)
$37,313
per year
Living Wage (Family of 4)
$88,194
per year
Cost Index by Category
Housing70.0
Food95.4
Transportation90.8
Healthcare96.3
Utilities91.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$795
per month
2 Bedroom
$872
per month
The overall cost of living index in Myrtle is 84.8, which is 15.2% below the national average. Housing costs are below the national average at an index of 70.0. A single adult needs to earn approximately $37,313 per year to cover basic expenses.