Cost of Living in Raymond, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.3
100 = national avg
-18.7 vs national average
Living Wage (1 Adult)
$35,786
per year
Living Wage (Family of 4)
$84,586
per year
Cost Index by Category
Housing83.6
Food85.8
Transportation71.6
Healthcare88.7
Utilities88.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,097
per month
2 Bedroom
$1,288
per month
The overall cost of living index in Raymond is 81.3, which is 18.7% below the national average. Housing costs are below the national average at an index of 83.6. A single adult needs to earn approximately $35,786 per year to cover basic expenses.