Cost of Living in Ridgeland, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.4
100 = national avg
+9.4 vs national average
Living Wage (1 Adult)
$48,136
per year
Living Wage (Family of 4)
$113,775
per year
Cost Index by Category
Housing129.0
Food98.5
Transportation97.0
Healthcare98.8
Utilities104.9
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 Ridgeland is 109.4, which is 9.4% above the national average. Housing costs are above the national average at an index of 129.0. A single adult needs to earn approximately $48,136 per year to cover basic expenses.