Cost of Living in Shaw, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.2
100 = national avg
-40.8 vs national average
Living Wage (1 Adult)
$26,047
per year
Living Wage (Family of 4)
$61,565
per year
Cost Index by Category
Housing49.3
Food68.3
Transportation77.9
Healthcare74.6
Utilities70.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$642
per month
2 Bedroom
$842
per month
The overall cost of living index in Shaw is 59.2, which is 40.8% below the national average. Housing costs are below the national average at an index of 49.3. A single adult needs to earn approximately $26,047 per year to cover basic expenses.