Cost of Living in Sharon, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.3
100 = national avg
-1.7 vs national average
Living Wage (1 Adult)
$43,271
per year
Living Wage (Family of 4)
$102,277
per year
Cost Index by Category
Housing49.8
Food119.0
Transportation138.0
Healthcare115.2
Utilities101.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$699
per month
2 Bedroom
$917
per month
The overall cost of living index in Sharon is 98.3, which is 1.7% below the national average. Housing costs are below the national average at an index of 49.8. A single adult needs to earn approximately $43,271 per year to cover basic expenses.