Cost of Living in Slate Springs, MS

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

88.0

100 = national avg

-12.0 vs national average

Living Wage (1 Adult)

$38,729

per year

Living Wage (Family of 4)

$91,542

per year

Cost Index by Category

Housing
26.0
Food
117.3
Transportation
134.6
Healthcare
113.9
Utilities
95.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$642

per month

2 Bedroom

$842

per month

The overall cost of living index in Slate Springs is 88.0, which is 12.0% below the national average. Housing costs are below the national average at an index of 26.0. A single adult needs to earn approximately $38,729 per year to cover basic expenses.