Cost of Living in Taylor, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.7
100 = national avg
+11.7 vs national average
Living Wage (1 Adult)
$49,164
per year
Living Wage (Family of 4)
$116,205
per year
Cost Index by Category
Housing106.4
Food110.5
Transportation121.0
Healthcare108.4
Utilities107.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,053
per month
2 Bedroom
$1,243
per month
The overall cost of living index in Taylor is 111.7, which is 11.7% above the national average. Housing costs are above the national average at an index of 106.4. A single adult needs to earn approximately $49,164 per year to cover basic expenses.