Cost of Living in Pace, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.0
100 = national avg
-39.0 vs national average
Living Wage (1 Adult)
$26,828
per year
Living Wage (Family of 4)
$63,411
per year
Cost Index by Category
Housing53.3
Food72.9
Transportation61.6
Healthcare78.3
Utilities74.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$642
per month
2 Bedroom
$842
per month
The overall cost of living index in Pace is 61.0, which is 39.0% below the national average. Housing costs are below the national average at an index of 53.3. A single adult needs to earn approximately $26,828 per year to cover basic expenses.