Holly Springs, MS Cost Of Living
Cost Of Living In Holly Springs, MS Summary
Cost of living in Holly Springs 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 Holly Springs 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 Holly Springs is 79, with 100 being the average.
The cost of living index in Holly Springs is 0.8x lower than the national average.
Holly Springs ranks as the #6 cheapest in Mississippi out of 68.
Holly Springs ranks as the #76 cheapest out of 6,489 in the US.
The median home value in Holly Springs is $175,592.
The median income in Holly Springs is $47,344.
Table Of Contents
Holly Springs's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Holly Springs, MS?
According to the most recent data on the cost of living, Holly Springs has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Holly Springs has a cost of living index that's 0.9x lower than Mississippi's index of 84.
The standard of living in Holly Springs ranks as #6 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Holly Springs ranks as the #62 most expensive place in the Magnolia State.
For more reading on life in Holly Springs, check out:
In Mississippi
In America
Holly Springs Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Holly Springs. Here is how it fairs on each of the criteria:
The Services index in Holly Springs is 95.
The Groceries index in Holly Springs is 101.
The Health index in Holly Springs is 89.
The Housing index in Holly Springs is 53.
The Transportation index in Holly Springs is 89.
The Utilities index in Holly Springs is 91.
| Living Expense | Holly Springs | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 79 | 84 | 100 | |
| Services | 95 | 90 | 100 | |
| Groceries | 101 | 95 | 100 | |
| Health | 89 | 96 | 100 | |
| Housing | 53 | 63 | 100 | |
| Transportation | 89 | 90 | 100 | |
| Utilities | 91 | 85 | 100 | |
Holly Springs, 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 Holly Springs is $175,592.
The Median Rent in Holly Springs is $754.
The Median Income in Holly Springs is $47,344.
The Home Value To Income in Holly Springs is 3.7x.
The Rent To Monthly Income in Holly Springs is 0.19x.
| Statistic | Holly Springs | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $175,592 | $188,640 | $303,400 |
| Median Rent | $754 | $923 | $1,348 |
| Median Income | $47,344 | $54,915 | $78,538 |
| Home Value To Income | 3.7x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Holly Springs, MS Costs By Category
Detailed Holly Springs Services Costs Vs. Mississippi
| Item | Holly Springs | Mississippi |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.99 | $12.13 |
| Bowling | $13.75 | $18 |
| Haircut | $26.94 | $24.26 |
| Beauty Salon | $41.92 | $45.56 |
Detailed Holly Springs Groceries Costs Vs. Mississippi
| Item | Holly Springs | Mississippi |
|---|---|---|
| Ground Beef | $6.1 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $10.66 | $12.09 |
| Beer | $9.95 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Holly Springs Health Costs Vs. Mississippi
| Item | Holly Springs | Mississippi |
|---|---|---|
| Optometrist | $77.39 | $125.68 |
| Doctor | $124.94 | $135.78 |
| Dentist | $91.51 | $113.29 |
Detailed Holly Springs Transportation Costs Vs. Mississippi
| Item | Holly Springs | Mississippi |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $55.67 | $59.92 |
Detailed Holly Springs Utilities Costs Vs. Mississippi
| Item | Holly Springs | Mississippi |
|---|---|---|
| All Electricity | $163.38 | $193.99 |
| Phone | $192.72 | $192.25 |
Holly Springs SnackAbility
/10
Cost Of Living In Cities Around Holly Springs
The cost of living varies in the cities and towns around Holly Springs. Here's a quick look at the cost of living in the most populous nearby places:
Bartlett, TN has a cost of living index of 99, 1.3x Holly Springs.
Southaven, MS has a cost of living index of 96, 1.2x Holly Springs.
Collierville, TN has a cost of living index of 114, 1.4x Holly Springs.
| City | Population | Cost Of Living | Vs. Holly Springs |
|---|---|---|---|
| Bartlett, TN | 56,998 | 99 | 1.3x |
| Southaven, MS | 55,531 | 96 | 1.2x |
| Collierville, TN | 51,212 | 114 | 1.4x |
| Olive Branch, MS | 46,538 | 97 | 1.2x |
| Germantown, TN | 40,812 | 115 | 1.5x |
| Horn Lake, MS | 26,622 | 86 | 1.1x |
| Oxford, MS | 26,086 | 99 | 1.3x |
| Arlington, TN | 14,989 | 110 | 1.4x |
| Atoka, TN | 10,237 | 101 | 1.3x |
| Oakland, TN | 9,544 | 101 | 1.3x |
