Cost of Living in Raleigh, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.6
100 = national avg
-38.4 vs national average
Living Wage (1 Adult)
$27,121
per year
Living Wage (Family of 4)
$64,104
per year
Cost Index by Category
Housing50.7
Food77.4
Transportation54.8
Healthcare81.9
Utilities76.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$842
per month
The overall cost of living index in Raleigh is 61.6, which is 38.4% below the national average. Housing costs are below the national average at an index of 50.7. A single adult needs to earn approximately $27,121 per year to cover basic expenses.