Cost of Living in Terry, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.3
100 = national avg
-10.7 vs national average
Living Wage (1 Adult)
$39,281
per year
Living Wage (Family of 4)
$92,846
per year
Cost Index by Category
Housing102.4
Food87.0
Transportation73.9
Healthcare89.6
Utilities92.7
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 Terry is 89.3, which is 10.7% below the national average. Housing costs are above the national average at an index of 102.4. A single adult needs to earn approximately $39,281 per year to cover basic expenses.