Latimer, MS Cost Of Living
Cost Of Living In Latimer, MS Summary
Cost of living in Latimer 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 Latimer 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 Latimer is 91, with 100 being the average.
The cost of living index in Latimer is 0.9x lower than the national average.
Latimer ranks as the #45 cheapest in Mississippi out of 68.
Latimer ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Latimer is $208,626.
The median income in Latimer is $66,016.
Table Of Contents
Latimer's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Latimer, MS?
According to the most recent data on the cost of living, Latimer has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Latimer has a cost of living index that's 1.1x higher than Mississippi's index of 84.
The standard of living in Latimer ranks as #45 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Latimer ranks as the #23 most expensive place in the Magnolia State.
For more reading on life in Latimer, check out:
In Mississippi
In America
Latimer Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Latimer. Here is how it fairs on each of the criteria:
The Services index in Latimer is 96.
The Groceries index in Latimer is 99.
The Health index in Latimer is 107.
The Housing index in Latimer is 81.
The Transportation index in Latimer is 95.
The Utilities index in Latimer is 90.
| Living Expense | Latimer | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 91 | 84 | 100 | |
| Services | 96 | 90 | 100 | |
| Groceries | 99 | 95 | 100 | |
| Health | 107 | 96 | 100 | |
| Housing | 81 | 63 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 90 | 85 | 100 | |
Latimer, 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 Latimer is $208,626.
The Median Rent in Latimer is $1,126.
The Median Income in Latimer is $66,016.
The Home Value To Income in Latimer is 3.2x.
The Rent To Monthly Income in Latimer is 0.2x.
| Statistic | Latimer | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $208,626 | $188,640 | $303,400 |
| Median Rent | $1,126 | $923 | $1,348 |
| Median Income | $66,016 | $54,915 | $78,538 |
| Home Value To Income | 3.2x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Latimer, MS Costs By Category
Detailed Latimer Services Costs Vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $10.62 | $12.13 |
| Bowling | $17.33 | $18 |
| Haircut | $24.75 | $24.26 |
| Beauty Salon | $45.72 | $45.56 |
Detailed Latimer Groceries Costs Vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.16 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Latimer Health Costs Vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Optometrist | $122.28 | $125.68 |
| Doctor | $128.94 | $135.78 |
| Dentist | $138.76 | $113.29 |
Detailed Latimer Transportation Costs Vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $60.67 | $59.92 |
Detailed Latimer Utilities Costs Vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| All Electricity | $162.85 | $193.99 |
| Phone | $187.62 | $192.25 |
Latimer SnackAbility
/10
Cost Of Living In Cities Around Latimer
The cost of living varies in the cities and towns around Latimer. Here's a quick look at the cost of living in the most populous nearby places:
Gulfport, MS has a cost of living index of 91, 1.0x Latimer.
Biloxi, MS has a cost of living index of 94, 1.0x Latimer.
Pascagoula, MS has a cost of living index of 87, 1.0x Latimer.
| City | Population | Cost Of Living | Vs. Latimer |
|---|---|---|---|
| Gulfport, MS | 72,533 | 91 | 1.0x |
| Biloxi, MS | 49,011 | 94 | 1.0x |
| Pascagoula, MS | 21,812 | 87 | 1.0x |
| Gautier, MS | 19,026 | 93 | 1.0x |
| Ocean Springs, MS | 18,561 | 96 | 1.1x |
| D'Iberville, MS | 13,033 | 97 | 1.1x |
| Gulf Hills, MS | 8,193 | 95 | 1.0x |
| St. Martin, MS | 7,797 | 88 | 1.0x |
| Gulf Park Estates, MS | 6,517 | 96 | 1.1x |
