Cost of Living in Redwater, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.9
100 = national avg
-17.1 vs national average
Living Wage (1 Adult)
$36,494
per year
Living Wage (Family of 4)
$86,258
per year
Cost Index by Category
Housing63.2
Food96.1
Transportation92.2
Healthcare96.9
Utilities90.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$808
per month
2 Bedroom
$955
per month
The overall cost of living index in Redwater is 82.9, which is 17.1% below the national average. Housing costs are below the national average at an index of 63.2. A single adult needs to earn approximately $36,494 per year to cover basic expenses.