Clarksdale, MS Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Clarksdale, MS Summary

Cost of living in Clarksdale 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 Clarksdale 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:

  • The cost of living index in Clarksdale is 77, with 100 being the average.

  • The cost of living index in Clarksdale is 0.8x lower than the national average.

  • Clarksdale ranks as the #3 cheapest in Mississippi out of 69.

  • Clarksdale ranks as the #78 cheapest out of 6,412 in the US.

  • The median home value in Clarksdale is $73,800.

  • The median income in Clarksdale is $30,711.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
77
Clarksdale's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Clarksdale, MS?

According to the most recent data on the cost of living, Clarksdale has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.

Compared to Mississippi, Clarksdale has a cost of living index that's 0.9x lower than Mississippi's index of 86.

The standard of living in Clarksdale ranks as #3 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Clarksdale ranks as the #66 most expensive place in the Magnolia State.

For more reading on life in Clarksdale, check out:

3 out of 69
In Mississippi
78 out of 6,412
In America

Clarksdale Cost Of Living Vs. Mississippi

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

  • The Services index in Clarksdale is 89.

  • The Groceries index in Clarksdale is 90.

  • The Health index in Clarksdale is 82.

  • The Housing index in Clarksdale is 40.

  • The Transportation index in Clarksdale is 87.

  • The Utilities index in Clarksdale is 89.

Living Expense Clarksdale Mississippi National Average
Overall 77 86 100
Services 89 92 100
Groceries 90 94 100
Health 82 98 100
Housing 40 69 100
Transportation 87 91 100
Utilities 89 87 100
For more reading on cost of living around Mississippi, check out:
Clarksdale Cost of Living Vs. MS

Clarksdale, MS Housing Cost Breakdown

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 2017-2021. The key points are:

  • The Median Home Value in Clarksdale is $73,800.

  • The Median Rent in Clarksdale is $648.

  • The Median Income in Clarksdale is $30,711.

  • The Home Value To Income in Clarksdale is 2.4x.

  • The Rent To Monthly Income in Clarksdale is 0.25x.

Statistic Clarksdale Mississippi United States
Median Home Value $73,800 $133,000 $244,900
Median Rent $648 $830 $1,163
Median Income $30,711 $49,111 $69,021
Home Value To Income 2.4x 2.7x 3.5x
Rent To Monthly Income 0.25x 0.2x 0.2x
Search Homes For Sale In Clarksdale, MS
$73,800
Median Home Value
$648
Median Rent
$30,711
Median Income

Clarksdale, MS Costs By Category

Detailed Clarksdale Services Costs Vs. Mississippi

Item Clarksdale Mississippi
Shampoo $0.91 $1.06
Movie $11.5 $10.68
Bowling $16.47 $14.67
Haircut $15.07 $18.62
Beauty Salon $36.63 $39.05

Detailed Clarksdale Groceries Costs Vs. Mississippi

Item Clarksdale Mississippi
Ground Beef $3.42 $4.22
Fried Chicken $0.98 $1.39
Milk $1.79 $2.05
Potatoes $3.62 $3.29
Pizza $10.37 $10.62
Beer $9.22 $9.38
Toothpaste $1.65 $2.34

Detailed Clarksdale Health Costs Vs. Mississippi

Item Clarksdale Mississippi
Optometrist $74.47 $108.57
Doctor $84.25 $116.17
Dentist $77.68 $99.13

Detailed Clarksdale Transportation Costs Vs. Mississippi

Item Clarksdale Mississippi
Gasoline $1.94 $2.22
Tire Balancing $40.73 $50.07

Detailed Clarksdale Utilities Costs Vs. Mississippi

Item Clarksdale Mississippi
All Electricity $133.97 $167.67
Phone $184.96 $175.64

Clarksdale SnackAbility

4
/10
Overall SnackAbility
Jobs
3/10
Housing
3
Affordability
8
Diversity
7
Safety
N/A
Amenities
8
Education
5
Commute
9

Cost Of Living In Cities Around Clarksdale

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

  • Cleveland, MS has a cost of living index of 83, 1.1x Clarksdale.

  • Helena-West Helena, AR has a cost of living index of 74, 1.0x Clarksdale.

  • Senatobia, MS has a cost of living index of 86, 1.1x Clarksdale.

City Population Cost Of Living Vs. Clarksdale
Cleveland, MS 11,285 83 1.1x
Helena-West Helena, AR 9,707 74 1.0x
Senatobia, MS 8,075 86 1.1x
Batesville, MS 7,404 82 1.1x

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