Corinth, MS Cost Of Living
Cost Of Living In Corinth, MS Summary
Cost of living in Corinth 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 Corinth 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 Corinth is 87, with 100 being the average.
The cost of living index in Corinth is 0.9x lower than the national average.
Corinth ranks as the #34 cheapest in Mississippi out of 68.
Corinth ranks as the #777 cheapest out of 6,489 in the US.
The median home value in Corinth is $169,321.
The median income in Corinth is $41,243.
Table Of Contents
Corinth's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Corinth, MS?
According to the most recent data on the cost of living, Corinth has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Corinth has a cost of living index that's 1.0x higher than Mississippi's index of 84.
The standard of living in Corinth ranks as #34 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Corinth ranks as the #34 most expensive place in the Magnolia State.
For more reading on life in Corinth, check out:
In Mississippi
In America
Corinth Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Corinth. Here is how it fairs on each of the criteria:
The Services index in Corinth is 90.
The Groceries index in Corinth is 92.
The Health index in Corinth is 81.
The Housing index in Corinth is 72.
The Transportation index in Corinth is 88.
The Utilities index in Corinth is 95.
| Living Expense | Corinth | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 87 | 84 | 100 | |
| Services | 90 | 90 | 100 | |
| Groceries | 92 | 95 | 100 | |
| Health | 81 | 96 | 100 | |
| Housing | 72 | 63 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 95 | 85 | 100 | |
Corinth, 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 2019-2023. The key points are:
The Median Home Value in Corinth is $169,321.
The Median Rent in Corinth is $638.
The Median Income in Corinth is $41,243.
The Home Value To Income in Corinth is 4.1x.
The Rent To Monthly Income in Corinth is 0.19x.
| Statistic | Corinth | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $169,321 | $188,640 | $303,400 |
| Median Rent | $638 | $923 | $1,348 |
| Median Income | $41,243 | $54,915 | $78,538 |
| Home Value To Income | 4.1x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Corinth, MS Costs By Category
Detailed Corinth Services Costs Vs. Mississippi
| Item | Corinth | Mississippi |
|---|---|---|
| Shampoo | $1.04 | $1.28 |
| Movie | $13.5 | $12.13 |
| Bowling | $17.5 | $18 |
| Haircut | $17.13 | $24.26 |
| Beauty Salon | $32.58 | $45.56 |
Detailed Corinth Groceries Costs Vs. Mississippi
| Item | Corinth | Mississippi |
|---|---|---|
| Ground Beef | $5.67 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.49 | $4.67 |
| Potatoes | $5.06 | $4.93 |
| Pizza | $9.73 | $12.09 |
| Beer | $10.23 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
Detailed Corinth Health Costs Vs. Mississippi
| Item | Corinth | Mississippi |
|---|---|---|
| Optometrist | $80.87 | $125.68 |
| Doctor | $90.5 | $135.78 |
| Dentist | $94.28 | $113.29 |
Detailed Corinth Transportation Costs Vs. Mississippi
| Item | Corinth | Mississippi |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $52.0 | $59.92 |
Detailed Corinth Utilities Costs Vs. Mississippi
| Item | Corinth | Mississippi |
|---|---|---|
| All Electricity | $180.93 | $193.99 |
| Phone | $186.22 | $192.25 |
Corinth SnackAbility
/10
Cost Of Living In Cities Around Corinth
The cost of living varies in the cities and towns around Corinth. Here's a quick look at the cost of living in the most populous nearby places:
Florence, AL has a cost of living index of 85, 1.0x Corinth.
Tupelo, MS has a cost of living index of 85, 1.0x Corinth.
Booneville, MS has a cost of living index of 82, 0.9x Corinth.
| City | Population | Cost Of Living | Vs. Corinth |
|---|---|---|---|
| Florence, AL | 41,231 | 85 | 1.0x |
| Tupelo, MS | 37,825 | 85 | 1.0x |
| Booneville, MS | 9,060 | 82 | 0.9x |
| Lexington, TN | 7,943 | 87 | 1.0x |
| New Albany, MS | 7,661 | 83 | 1.0x |
| Savannah, TN | 7,219 | 83 | 1.0x |
| Henderson, TN | 6,349 | 84 | 1.0x |
| Ripley, MS | 5,415 | 80 | 0.9x |
| Bolivar, TN | 5,171 | 83 | 1.0x |
