Canton, MS Cost Of Living

The latest cost of living statistics for Canton. Includes statistics on rent, mortgages, healthcare, and other costs for Canton compared to the state and national averages.

Cost of living in Canton, Mississippi

Cost of living in Canton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Canton is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Mississippi, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

84 Cost of living index 0.8x lower vs US
#9 Cheapest in Mississippi (of 67)
#251 Cheapest in the U.S. (of 6,489)
$223,699 Median home value
$989 Median rent
$38,337 Median income
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What is the cost of living in Canton, MS?

According to the most recent data on the cost of living, Canton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to Mississippi, Canton has a cost of living index that's 1.0x lower than Mississippi's index of 88.

The standard of living in Canton ranks as #9 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Canton ranks as the #58 most expensive place in the Magnolia State.

For more reading on life in Canton, check out:

Canton Cost Of Living Vs. Mississippi

Six factors go into calculating the cost of living index in Canton. Here is how it fares on each of the criteria:

  • The Services index in Canton is 98.

  • The Groceries index in Canton is 90.

  • The Health index in Canton is 66.

  • The Housing index in Canton is 92.

  • The Transportation index in Canton is 97.

  • The Utilities index in Canton is 90.

Living Expense Canton Mississippi National Average
Overall 84 88 100
Services 98 99 100
Groceries 90 97 100
Health 66 63 100
Housing 92 94 100
Transportation 97 97 100
Utilities 90 93 100

Canton Cost Of Living Compared To Mississippi Averages

Services
Canton 98
Mississippi avg 99
Groceries
Canton 90
Mississippi avg 97
Health
Canton 66
Mississippi avg 63
Housing
Canton 92
Mississippi avg 94
Transportation
Canton 97
Mississippi avg 97
Utilities
Canton 90
Mississippi avg 93

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Mississippi, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Canton, MS Housing Cost Breakdown

$223,699Median Home Value
$989Median Rent
$38,337Median Income

Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Canton is $223,699.

  • The Median Rent in Canton is $989.

  • The Median Income in Canton is $38,337.

  • The Home Value To Income in Canton is 5.8x.

  • The Rent To Monthly Income in Canton is 0.31x.

Statistic Canton Mississippi United States
Median Home Value $223,699 $192,906 $332,700
Median Rent $989 $954 $1,413
Median Income $38,337 $56,447 $80,734
Home Value To Income 5.8x 3.4x 4.1x
Rent To Monthly Income 0.31x 0.2x 0.21x

Canton, MS Costs By Category

Detailed Canton Services costs vs. Mississippi
Item Canton Mississippi
Shampoo $1.24 $1.28
Movie $13.59 $12.13
Bowling $20.0 $18
Haircut $22.5 $24.26
Beauty Salon $41.67 $45.56
Detailed Canton Groceries costs vs. Mississippi
Item Canton Mississippi
Ground Beef $6.19 $5.84
Fried Chicken $1.67 $1.57
Milk $4.64 $4.67
Potatoes $5.1 $4.93
Pizza $12.66 $12.09
Beer $9.66 $10.41
Toothpaste $3.62 $3.7
Detailed Canton Health costs vs. Mississippi
Item Canton Mississippi
Optometrist $106.25 $125.68
Doctor $134.71 $135.78
Dentist $121.33 $113.29
Detailed Canton Transportation costs vs. Mississippi
Item Canton Mississippi
Gasoline $3.02 $3.46
Tire Balancing $38.33 $59.92
Detailed Canton Utilities costs vs. Mississippi
Item Canton Mississippi
All Electricity $141.59 $193.99
Phone $187.62 $192.25

Canton SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 5/10
Diversity 8/10
SafetyN/A
Amenities 7/10
Education 5/10
Commute 8.5/10

Cost Of Living In Cities Around Canton

The cost of living varies in the cities and towns around Canton. Here's a quick look at the cost of living in the most populous nearby places:

  • Jackson, MS has a cost of living index of 86, 1.0x Canton.

  • Madison, MS has a cost of living index of 112, 1.3x Canton.

  • Pearl, MS has a cost of living index of 89, 1.1x Canton.

City Population Cost Of Living Vs. Canton
Jackson, MS 146,631 86 1.0x
Madison, MS 27,946 112 1.3x
Pearl, MS 27,737 89 1.1x
Clinton, MS 27,195 94 1.1x
Brandon, MS 25,542 99 1.2x
Ridgeland, MS 24,587 100 1.2x
Byram, MS 12,799 93 1.1x
Flowood, MS 10,587 101 1.2x
Richland, MS 7,346 90 1.1x
Kosciusko, MS 6,933 82 1.0x