Cost of Living in Rena Lara, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.2
100 = national avg
-8.8 vs national average
Living Wage (1 Adult)
$40,114
per year
Living Wage (Family of 4)
$94,814
per year
Cost Index by Category
Housing48.6
Food111.5
Transportation122.9
Healthcare109.2
Utilities96.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$748
per month
2 Bedroom
$842
per month
The overall cost of living index in Rena Lara is 91.2, which is 8.8% below the national average. Housing costs are below the national average at an index of 48.6. A single adult needs to earn approximately $40,114 per year to cover basic expenses.