Cost of Living in North Carrollton, MS

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

52.0

100 = national avg

-48.0 vs national average

Living Wage (1 Adult)

$22,861

per year

Living Wage (Family of 4)

$54,036

per year

Cost Index by Category

Housing
59.3
Food
62.9
Transportation
25.9
Healthcare
70.3
Utilities
69.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$713

per month

2 Bedroom

$842

per month

The overall cost of living index in North Carrollton is 52.0, which is 48.0% below the national average. Housing costs are below the national average at an index of 59.3. A single adult needs to earn approximately $22,861 per year to cover basic expenses.