Cost of Living in Oxford, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.2
100 = national avg
+10.2 vs national average
Living Wage (1 Adult)
$48,502
per year
Living Wage (Family of 4)
$114,640
per year
Cost Index by Category
Housing137.8
Food95.8
Transportation91.6
Healthcare96.6
Utilities105.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,053
per month
2 Bedroom
$1,243
per month
The overall cost of living index in Oxford is 110.2, which is 10.2% above the national average. Housing costs are above the national average at an index of 137.8. A single adult needs to earn approximately $48,502 per year to cover basic expenses.