Cost of Living in Olive Branch, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
138.7
100 = national avg
+38.7 vs national average
Living Wage (1 Adult)
$61,034
per year
Living Wage (Family of 4)
$144,262
per year
Cost Index by Category
Housing155.6
Food125.2
Transportation121.8
Healthcare120.2
Utilities126.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in Olive Branch is 138.7, which is 38.7% above the national average. Housing costs are above the national average at an index of 155.6. A single adult needs to earn approximately $61,034 per year to cover basic expenses.