What is the cost of living in Grenada, MS?
According to the most recent data on the cost of living, Grenada has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Grenada has a cost of living index that's 1.0x lower than Mississippi's index of 88.
The standard of living in Grenada ranks as #26 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Grenada ranks as the #41 most expensive place in the Magnolia State.
For more reading on life in Grenada, check out:
Grenada Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Grenada. Here is how it fares on each of the criteria:
The Services index in Grenada is 99.
The Groceries index in Grenada is 91.
The Health index in Grenada is 56.
The Housing index in Grenada is 96.
The Transportation index in Grenada is 100.
The Utilities index in Grenada is 93.
| Living Expense | Grenada | Mississippi | National Average |
|---|---|---|---|
| Overall | 87 | 88 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 91 | 97 | 100 |
| Health | 56 | 63 | 100 |
| Housing | 96 | 94 | 100 |
| Transportation | 100 | 97 | 100 |
| Utilities | 93 | 93 | 100 |
Grenada Cost Of Living Compared To Mississippi Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Mississippi, check out:
- Most Expensive Cities In Mississippi
- Most Affordable Cities In Mississippi
- Average Rent In Mississippi
Source: Cost-of-living index 2026, normalized to US average = 100
Grenada, 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 2020-2024. The key points are:
The Median Home Value in Grenada is $133,953.
The Median Rent in Grenada is $802.
The Median Income in Grenada is $46,303.
The Home Value To Income in Grenada is 2.9x.
The Rent To Monthly Income in Grenada is 0.21x.
| Statistic | Grenada | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $133,953 | $192,906 | $332,700 |
| Median Rent | $802 | $954 | $1,413 |
| Median Income | $46,303 | $56,447 | $80,734 |
| Home Value To Income | 2.9x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Grenada, MS Costs By Category
Detailed Grenada Services costs vs. Mississippi
| Item | Grenada | Mississippi |
|---|---|---|
| Shampoo | $1.06 | $1.28 |
| Movie | $10.65 | $12.13 |
| Bowling | $12.5 | $18 |
| Haircut | $23.45 | $24.26 |
| Beauty Salon | $26.75 | $45.56 |
Detailed Grenada Groceries costs vs. Mississippi
| Item | Grenada | Mississippi |
|---|---|---|
| Ground Beef | $6.01 | $5.84 |
| Fried Chicken | $1.62 | $1.57 |
| Milk | $4.51 | $4.67 |
| Potatoes | $5.06 | $4.93 |
| Pizza | $11.06 | $12.09 |
| Beer | $9.17 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
Detailed Grenada Health costs vs. Mississippi
| Item | Grenada | Mississippi |
|---|---|---|
| Optometrist | $120.17 | $125.68 |
| Doctor | $78.94 | $135.78 |
| Dentist | $108.33 | $113.29 |
Detailed Grenada Transportation costs vs. Mississippi
| Item | Grenada | Mississippi |
|---|---|---|
| Gasoline | $3.0 | $3.46 |
| Tire Balancing | $57.33 | $59.92 |
Detailed Grenada Utilities costs vs. Mississippi
| Item | Grenada | Mississippi |
|---|---|---|
| All Electricity | $148.63 | $193.99 |
| Phone | $186.87 | $192.25 |
Grenada SnackAbility
Cost Of Living In Cities Around Grenada
The cost of living varies in the cities and towns around Grenada. Here's a quick look at the cost of living in the most populous nearby places:
Oxford, MS has a cost of living index of 107, 1.2x Grenada.
Greenwood, MS has a cost of living index of 84, 1.0x Grenada.
Batesville, MS has a cost of living index of 92, 1.1x Grenada.
| City | Population | Cost Of Living | Vs. Grenada |
|---|---|---|---|
| Oxford, MS | 26,411 | 107 | 1.2x |
| Greenwood, MS | 14,086 | 84 | 1.0x |
| Batesville, MS | 7,387 | 92 | 1.1x |
